Americans love raisins. So much, in fact, that during the Great Depression, the U.S. government created a program to ensure the availability of this shriveled, sun-sweetened snack.
Every American who has been legitimately wronged deserves his or her day in court. The U.S. Chamber and its Institute for Legal Reform are working every day to make our legal system faster, simpler, and fairer. We are fighting those who abuse the system for their own personal gain, clog the courts with meritless lawsuits, and undermine our right to due process.
A lawsuit over Rick Springfield’s butt...Most Ridiculous Lawsuit of the Month? Vote here: http://t.co/jZbt0Da49t
20 years in prison for fishing? See what the #SCOTUS had to say and let us know if you agree with the court: http://t.co/bTOLAPyYvK
A Dubious Honor
America has the costliest legal system in the world. Lawsuits cost the U.S. economy $264 billion per year, or about $850 per year for every man, woman, and child in the United States. The ultimate victims of lawsuit abuse are consumers and workers who suffer from higher prices and lost jobs and benefits.
Businesses also suffer—not only from the costs of fighting sometimes frivolous lawsuits, but also when government agencies deny their rights to due process. America’s enforcement system has turned into a shakedown operation where regulators find a company that may or may not have done something wrong; threaten its managers with commercial ruin; and force them to pay an enormous fine to drop the charges in a secret settlement where nobody can check the details.
To ensure all Americans—workers and employers—get the justice they deserve, we need to reform our legal and enforcement systems. Our legal reform agenda includes the following:
- Reforming legal systems in key problem states and jurisdictions
- Raising public awareness of the impact of lawsuit abuse on our economy, our citizens, and our global competitiveness.
- Preserving the availability of arbitration and other alternative dispute resolution mechanisms that would reduce the number of lawsuits and their costs while ensuring justice is served.
- Reforming the medical tort system to make costs more affordable and predictable.
- Supporting class action reform and opposing efforts to weaken the Class Action Fairness Act.
- Educating the public on important state judicial and attorney general races.
Hurting Small Businesses
When it comes to our enforcement system, it must:
- Be rules based and transparent.
- Eliminate incentives for officials, regulators, and plaintiff’s lawyers to press settlements that work to their personal and political advantage.
- Ensure that enforcement is fair, clear, and respects due process.
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There are few activities in our modern world that unite old and young alike. In the wintertime, it is sledding.
For some, the tradition of making the downhill toboggan run is getting harder to accomplish.
Congress and State Legislatures Should Reassert Control Over Raising Revenues
It’s one thing to hold yourself responsible for the mistakes of the past. But it’s quite another to actually sue yourself for them.
WASHINGTON, D.C.— David Hirschmann, president and CEO of the U.S. Chamber of Commerce Center for Capital Markets Competitiveness (CCMC), and Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR) issued the following statement today on the Consumer Financial Protection Bureau’s (CFPB) study of pre-dispute arbitration clauses:
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No butts about it, we think might have found one of our most frivolous lawsuits yet.
Andrew Pincus of Mayer Brown is testifying on behalf of the U.S. Chamber of Commerce and the U.S. Chamber Institute for Legal Reform at the House Judiciary Committee Subcommittee on the Constitution and Civil Justice hearing on the state of class actions ten years after the enactment of the Class Action Fairness Act on Friday, February 27.
The Supreme Court let commercial fisherman John Yates off the hook today when it ruled that fish don’t count as “tangible objects” under the Sarbanes-Oxley Act. Yates initially faced up to 20 years in prison for each of the three fish he possessed before throwing them back into the ocean.
A California woman seems to want to have her gluten-free lo mein and eat it, too.