Commercial Trucking Litigation Reform – S.F. 228
Iowa – 2023
Provides for a limit of $5 million on noneconomic damages per plaintiff, with exceptions to the limit as specified. The limit adjusts for inflation every two years beginning in 2028. “Commercial Motor Vehicle” is specifically defined in the law and that definition provides for a limited list of “commercial motor vehicles” to which the limit applies. Employer cannot be sued for negligent hiring if certain conditions apply. Finally, the legislation provides that plaintiffs are allowed to collect 100% of punitive damages.
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