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Keyword: ambulancechaserlobby

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  • American Association for Justice is a Caricature

    11/11/2009 2:12:21 PM PST · by stan_sipple · 4 replies · 576+ views
    Risk Prof Blog ^ | 9-29-2009 | Lawrence Powell
    got a kick out of this article in the Washington Times on Sept. 28. The point of the story is that the trial lawyers' lobby might be having financial difficulty. The part I find interesting is that AAJ says they lost $670,000, but they sought $120,000,000 in the lawsuit. The article offers no explanation for the 17,900% mark up. "...AAJ lost a lawsuit against Wachovia Bank over the collapse of a 2007 loan deal to finance the association's purchase of an office building as its new Washington headquarters. The association lost more than $670,000 when Wachovia backed out of the...