Allows businesses to charge a reasonable late fee to recover the cost of delinquent payments and encourages customers to pay on time; protects all consumers by requiring a cap on late fees; and applies retroactively to protect businesses that, in good faith, imposed late fees in reliance on the generally accepted understanding of the law
Consumer Protection Contracts – Late Fees: SB 145 (2000)
Allows businesses to charge a reasonable late fee to recover
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