Structured Settlement Reform: S. 5697 (2003)
Provided for a fix to the Desiderio decision. The Desiderio
Provided for a fix to the Desiderio decision. The Desiderio decision resulted from poorly drafted language of a 1986 law designed to address tort liability and resulted in the double-counting of inflation on judgments against hospitals; in one case a $40 million judgment into an almost $140 million judgment, which was upheld by the New York State’s Court of Appeals. Other provisions were included that were favorable to the trial bar: accelerated payments to plaintiffs; a provision which allows up to $500,000 in damages for pain and suffering, or 35% of the pain and suffering award, whichever is greater to be awarded as a lump sum, rather than the old limit of $250,000; and a reduction in the time pain and suffering awards are to be paid from 10 years to 8 years.
This week, the U.S. Supreme Court was called upon to review a landmark talcum powder case which loosely linked baby powder use to ovarian cancer and resulted in a multi-billion-dollar […]
Yesterday, the Supreme Court of Pennsylvania issued a ruling that makes the state even more appealing to trial lawyers by removing the need to prove a business was fraudulent or negligent under the state’s consumer protection law. The Court […]
Excessive litigation costs Illinois businesses more than $18.9 billion annually, write ATRA President Tiger Joyce and John Pastuovic for the Chicago Sun Times.
Caroline Spiezio for Reuters reports on ATRA’s February 2021 legal services advertising report.
Trial lawyers’ spending on covid ads last year surpassed $400,000