Prejudgment Interest Rate Reform: H.B. 223 (2017)
Lowers the prejudgment interest rate from 12% to 6%. A
Lowers the prejudgment interest rate from 12% to 6%. A judgment for unpaid child support will remain at the 12% rate. A judgment on a contract, note, or other written obligation will follow the interest rate specified in the contract. If an administrative law judge determines that a denial, delay, or termination in the payment of income benefits was without reasonable foundation, the interest rate will be 12%.
Latest News
View all news
Liability Shield in Congress – ATRA Urges Quick Action
ATRA supports the SAFE TO WORK Act as part of the Senate’s HEALS Act legislative package for coronavirus relief.
COVID-19 Business Interruption Litigation Surges
COVID-19 business interruption lawsuits surge – ATRA warns the civil justice system doesn’t exist to perform the functions of legislators, regulators or public health experts.
ALI Consumer Contract Restatement Is Biased Advocacy
ATRA President Tiger Joyce writes about the American Law Institute’s diversion from its original mission in this opinion editorial for Law360.
Injury Attys Undaunted By COVID-19 Nursing Home Immunity
ATRA President says COVID-19 statutes reflect a broader perspective than lawsuit shields as they are enacted by lawmakers, not just a single governor.
Governor signs law on punitive damages, merchandising act
Missouri Governor Mike Parson signed into law reforms to the state’s punitive damages system, writes John Breslin for the St. Louis Record.
Missouri Gov. Mike Parson Signs Landmark Civil Justice Reform Bill Into Law
Missouri Gov. Mike Parson signed S.B. 591 to amend Missouri’s consumer protection act and the state’s punitive damages system.
Federal Judge Takes Stand Against Junk Science in California
Federal Judge William Shubb ruled that due to insufficient evidence, California cannot require glyphosate-based weedkiller Roundup to be labeled as “known to the state of California to cause cancer.”
Congress needs to pass tort reform to protect CARES Act funding
ATRA cited in an opinion editorial by John DeMaggio for The Hill regarding potential lawsuit abuse in the wake of COVID-19.
COVID-19 Liability Protection & ATRA Priority Bill Signed By Gov. Kim Reynolds
ATRA thanks Gov. Kim Reynolds for signing and the Iowa legislature for passing S.F. 2338, providing COVID-19 liability protections and reforming phantom damages in Iowa.
Pennsylvania Needs a Smart Re-Start with Liability Protections
ATRA urges the Pennsylvania legislature to enact liability protections for critical industries like healthcare providers, PPE manufacturers and small businesses.
Louisiana Scores Second Shot at Civil Justice Reforms
ATRA encourages the Louisiana State Senate to pass and Gov. John Bel Edwards to sign H.B. 57 to help reduce auto insurance rates.