Asbestos/Successor Liability Reform: CS/SB 2228 (2005)
Applied provisions of the bill to corporations that are successors
Applied provisions of the bill to corporations that are successors and became a successors before January 1, 1972. Provided that cumulative successor asbestosrelated liabilities of a corporation are limited to fair market value of total gross assets of transferor determined as of time of merger or consolidation. Provided methods by which to establish fair market value of total gross assets.
ATRA President Tiger Joyce writes how companies that end arbitration face the risk of consumer class actions, in the face of plaintiffs firms ramping up mass arbitration proceedings.
We are saddened to hear of former Missouri state Senator Ed Emery’s untimely death. Senator Emery was not only a champion of tort reform, but a pillar in his community. […]
The New York trial bar may get yet another gift from the state lawmakers seemingly tied around their finger.
Lawsuit abuse across the U.S. results in more than $160 billion in excessive tort costs
Financial benefit of reforming Missouri’s tort system could support an additional 20k+ jobs & $3.38B in increased economic activity
$7 million spent in Quarter 1 of 2021 to air nearly 61,000 local legal services TV ads in Illinois