Texas

Texas ranks 36th in the nation for lawsuit fairness.  The Lone Star State’s lawsuit climate has regularly ranked in the bottom third of the nation.

Texas at a Glance

NERA Study: Impact of Lawsuit Reform Get the Full Report
$2,509 Potential Tort Cost
Reduction ($1,000,000)
0.54% - 1.46% Potential Increase
in Employment

All Results for Texas

In the News Today - May 26, 2015

May 26, 2015 | Insights

The SEC's "whistleblower program" uses "the promise of high bounties to encourage more people to report" alleged fraud. To date, it has reportedly resulted in awards totaling more than $50 million, though attorneys report that it is extremely difficult for "whistleblowers" to actually collect their bounties. The article also reports that some whistleblowers were "short selling" the same companies on whom they "blew the whistles" right up until they reported the alleged fraud to the SEC. (Wall Street Journal) Read More »

Tags: Asbestos, Texas

In The News Today - January 29, 2015

January 29, 2015 | Insights

Standard & Poors is reportedly close to finalizing a $1.37 billion government settlement over allegations involving mortgage bond ratings prior to the 2008 financial crisis. Read More »

Tags: California, Texas

In The News Today - January 16, 2015

January 16, 2015 | Insights

A federal judge has ruled that BP faces a penalty of $13.7 billion under the U.S. Clean Water Act, as a result of the 2010 Gulf oil spill. That penalty is down from the $18 million sought by the U.S. Justice Department. Read More »

Tags: State Legal Reforms, Texas

ILR President Rickard's Op-ed On Texas Legal Reform Published In Austin American-Statesman

January 07, 2015 | Insights

A recent op-ed by ILR President Lisa A. Rickard was published today in the Austin American-Statesman, praising Texas legal reform over the past 20 years which has helped "protect individuals, businesses and health care providers from abusive lawsuits by plaintiffs' lawyers." Read More »

Tags: State Legal Reforms, Texas

Texas Legal Reforms to Play a Part in 'Ebola Lawsuits'?

October 27, 2014 | Insights

The Associated Press today writes about expected litigation from the family of Thomas Eric Duncan, the man who was initially misdiagnosed but then passed away from Ebola after returning from West Africa. Read More »

Tags: Medical Liability, Texas

In The News Today - July 8, 2014

July 08, 2014 | Insights

New York plaintiffs' attorney lobbying organizations spent nearly $1.15 million "to lobby lawmakers against a push to lower awards in civil lawsuits." Read More »

Tags: State Legal Reforms, New York, Texas

In The News Today - July 7, 2014

July 07, 2014 | Insights

Six insurance companies are suing an asbestos personal injury trust set up by a U.S. unit of Philips that the insurers "suspect has been making millions of dollars in fraudulent payments to parties that cannot prove they were harmed by the company's asbestos products." Read More »

Tags: Asbestos, Delaware, Texas

In the News Today - May 30, 2014

May 30, 2014 | Insights

A $42 million judgment against a group of former plaintiffs' attorneys in the 2005 Fen-Phen case will stand after the U.S. Supreme Court declined to take up an appeal in the case. Read More »

Tags: Texas

In the News Today - February 27, 2014

February 27, 2014 | Insights

The Supreme Court ruled that investors in a Ponzi scheme can sue third parties, including law firms and insurance brokers, finding that the securities aren't covered by the SLUSA. Read More »

Tags: Securities Litigation Reform, Trial Bar Influence, Texas

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