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Liability Protection Is a Piece of the Back-to-Work Puzzle
RealClearPolitics ^ | April 27, 2020 | Harold Kim

Posted on 05/01/2020 12:26:24 PM PDT by CheshireTheCat

...Already, trial lawyers in Florida, Ohio, and Tennessee are airing aids for COVID-related lawsuits. Lawsuit marketers are soliciting law firms to take advantage of cheap ad buys. Even litigation funders­­ — the group that takes a cut of settlements in exchange for financing lawsuits — are touting their services.

There’s precedent for Congress to pass broad liability protections. The Y2K Act enacted a three-year ban on most lawsuits in state and federal courts over economic losses associated with Y2K glitches. Post-9/11, Congress ensured victims were compensated and curtailed needless, court-clogging lawsuits through the 9/11 Victims Compensation Fund. Later, Congress passed the SAFETY Act to guarantee liability protections for technology companies helping in the fight against terror...

(Excerpt) Read more at realclearpolitics.com ...


TOPICS: Business/Economy
KEYWORDS:
Yup, I kind of figured these ads would start cropping up.
1 posted on 05/01/2020 12:26:24 PM PDT by CheshireTheCat
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To: CheshireTheCat
OMG ...litigation funders...

What next?

2 posted on 05/01/2020 12:30:45 PM PDT by gloryblaze
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To: CheshireTheCat

What was Shakespeare’s plan again?


3 posted on 05/01/2020 12:36:15 PM PDT by Hegemony Cricket (< < Wandering aimfully > >)
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To: CheshireTheCat

Morgan and Morgan, For the people is here to help...I can see the ads now


4 posted on 05/01/2020 12:49:27 PM PDT by srmanuel
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To: CheshireTheCat

I have felt for a long time that is why there still is a push to keep things closed. We will be soon buried in frivolous lawsuits over the Wuhan virus. We sue for everything else. I might even sue the next time I catch the flu.


5 posted on 05/01/2020 12:51:31 PM PDT by animal172 (Call me simply deplor)
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To: CheshireTheCat

NYS’s legislature and Cuomo protected nursing homes from both civil and criminal liability in the new budget...

Wonder why they refused to protect biz...


6 posted on 05/01/2020 12:52:19 PM PDT by mewzilla (Break out the mustard seeds.)
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To: mewzilla

This could kill any recovery especially with trial being one of the two largest of the rats contributors


7 posted on 05/01/2020 1:23:17 PM PDT by gibsonguy
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To: gibsonguy

Kill all the lawyers.


8 posted on 05/01/2020 1:49:39 PM PDT by Destroyer Sailor (Revenge is a dish best served cold)
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