Appeal Bond Reform: Sup. Ct. Order 2005-03-22 (2005)
The Utah Supreme Court imposed a limit on the amount
The Utah Supreme Court imposed a limit on the amount a defendant can be required to pay to secure the right to appeal by amending UCRP governing appeal bonds. The limitations are: (1) $25 million for compensatory damages, applied to class actions and actions involving multiple plaintiffs where damages are not proved for each plaintiff individually; (2) $0 for punitive damages, applied to all actions and eliminates bond requirements for appealing a punitive damage award.
ATRA Reiterates Support for Chapter 11 Bankruptcy Use to Address Mass Tort Litigation, Urges Meaningful Dialogue Amid Senate Judiciary Committee Hearing
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