Massive jury awards of $10 million or more continue to increase in size and frequency, according to a study by the U.S. Chamber of Commerce Institute for Legal Reform. Between 2013 and 2022, the median nuclear verdict was $21 million, …
Major U.S. business groups sued California on Tuesday seeking to overturn the state’s new sweeping climate disclosure laws that require companies to publicly report their greenhouse gas emissions and climate-related financial risks. The lawsuit was filed in Los Angeles federal …
Major U.S. business lobbying groups are asking Congress to pass measures that would protect companies large and small from coronavirus-related lawsuits when states start to lift pandemic restrictions and businesses begin to reopen. Their concerns have the ears of congressional …
Lawmakers in three states and in Congress have introduced bills to impose more controls on litigation funding companies, which insurers contend are one of the factors leading to an increase in “nuclear verdicts” that have pushed up claims costs and …
A lawsuit by a driver who pleaded guilty to driving under the influence of alcohol and drugs and then sued a victim that he killed tops the U.S. Chamber Institute for Legal Reform’s (ILR) survey of the Top Ten Most …