Product Liability Reform: HB 637 (1995); Amended N.C. Gen. Stat. § 99B-1.1.
Provides that there shall be no strict liability in tort
Provides that there shall be no strict liability in tort for product liability actions. Provides statutory defenses to product liability claims, including assumption of the risk.
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The lack of oversight and transparency around third-party litigation funding threatens the integrity of our legal system