New York is ranked #21 in the 2015 Lawsuit Climate Survey: Ranking the States. Although New York City was named one of the cities or counties with the least fair and reasonable litigation environments, the state overall was second in the country for having and enforcing meaningful venue requirements, and fourth for its handling of scientific and technical evidence.
In an opinion piece, Thurbert Baker and Tom Stebbins write that "New York desperately needs to pass legislation to apply existing consumer protection laws" to lawsuit lenders. Last month, New York Attorney General Eric Schneiderman filed a complaint against a lawsuit cash advance firm for allegedly engaging in predatory lending practices. Read More »
General Motors (GM) filed suits on Monday against asbestos trusts in three separate states seeking recovery of trust money paid to the estate of an employee who also received payments from the automaker to settle asbestos exposure claims. Read More »
ILR's recently released paper, The Food Court: Trends in Food and Beverage Class Action Litigation, continues to make news as the New York Post and Candy Industry comment on the "not-so-classy actions" stemming from this type of litigation. Read More »
Author: Cary Silverman and James Muehlberger, Shook, Hardy & Bacon L.L.P. | February 24, 2017 | Research
This paper examines the emerging litigation trends in the food and beverage industry and makes concrete recommendations for reforms, outlining the role that the courts, legislatures, and regulatory agencies all have in restoring common sense to food class action litigation. Read More »
Former U.S. Attorney John Wood said that the decision by Trump to keep NY AG Preet Bharara "suggests that the Feds will continue to keep the pressure on C-suite executives to adopt and maintain strong compliance programs for their companies. Read More »
"What a destructive precedent it would set if courts decide that running a disciplined organization counts as evidence of complicity in allegedly illegal acts," writes the Wall Street Journal editorial board of the New York attorney general's "struggling" case against former CEO of AIG, Hank Greenberg.
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Citing the "outsized influence of the trial lawyer's agenda in Albany," Adam Morey, government affairs manager for the Lawsuit Reform Alliance of New York, cites the state's 21st ranking in ILR's 2015 Lawsuit Climate Survey study in calling for passage of legal reforms in the state. Read More »