ATRA Reiterates Support for Chapter 11 Bankruptcy Use to Address Mass Tort Litigation, Urges Meaningful Dialogue Amid Senate Judiciary Committee Hearing
New Mexico v. Gilead Sciences Inc.
(N.M., filed January 26, 2023): Arguing that the pure “steam of commerce” theory conflicts with U.S. Supreme Court Precedent requiring purposeful availment and subverts the values of fairness and federalism underlying the doctrine of specific jurisdiction. Adopting the pure “stream of commerce” theory will impose needless costs and uncertainty on businesses throughout the nation.
The lack of oversight and transparency around third-party litigation funding threatens the integrity of our legal system
Together, let’s forge a legal landscape that makes equitable access to justice a living reality for all Georgians.
This is an opportunity to reassess the practices and regulations surrounding private-attorney contracting and to enact reforms that promote fairness, transparency and value for taxpayer dollars.
Allowing the company to continue the bankruptcy process will help ensure equitable and efficient resolution in complex mass tort claims