Vermont is #2 in the 2015 Lawsuit Climate Survey: Ranking the States. It rose up 14 rankings in 2015 from #16 in 2012; it was ranked only #25 in 2010. In the breakdown by elements it is in the top five for nine of the ten elements, ranking first in discovery, scientific and technical evidence, and judges’ impartiality.
Bank of America will pay Vermont $1.25 million to settle claims related to the state's foreclosure laws. This comes on the heels of the company's recent high profile settlement with the federal government over the same issues. (VTDigger) Read More »
U.S. Senator Patrick Leahy (D-VT) is calling for a renewed push for patent reform, in the wake of the FTC's settlement with MPHJ and its law firm Farney Daniels P.C. over allegations they "used deceptive sales claims and phony legal tactics in demand letters accusing thousands of businesses of patent infringement." Read More »
The 2012 State Liability Systems Ranking Study was conducted for the U.S. Chamber Institute for Legal Reform to explore how fair and reasonable the states' tort liability systems are perceived to be by U.S. businesses. Participants in the survey were comprised of a national sample of 1,125 in-house general counsel, senior litigators or attorneys, and other senior executives who indicated that they are knowledgeable about litigation matters at companies with at least $100 million in annual revenues. The 2012 ranking builds on previous years' work, where in each survey year all 50 states are ranked by those familiar with the litigation environment in that state. Prior to these rankings, information regarding the attitudes of the business world toward the legal systems in each of the states had been largely anecdotal. The State Liability Systems Ranking Study aims to quantify how corporate attorneys view the state systems. Read More »