Offers of Settlement: H.B. 1741 (1995)
Establishes incentives for early settlement of claims by “qualified settlement
Establishes incentives for early settlement of claims by “qualified settlement offers.” The court will award attorneys’ fees, costs, and expenses when a party refuses a reasonable offer as determined by the final judgment. Attorneys’ fees will be awarded at a rate of $100 per hour for expenses incurred after the date of the qualified offer, and may not total more than $1,000.
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Controversial Restatement Adopted by American Law Institute
ALI’s restatement of the law of ‘consumer contracts’ the latest in a surge of advocacy by the Institute
ALI Oversteps With Expansive Restatement Of Contract Law
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