Corporate America and its insurance companies are trying to get something for nothing. Other than a catchy title, the so- called "Common Sense Legal Reforms Act" (House HR10), which just passed the U.S. House of Representatives and is heading toward the Senate, promises to severely limit the accountability of manufacturers of defective products. Consequently, consumers who are injured by these defective products sacrifice their historical right to a reasoned jury verdict.
Essentially, the bill places a cap on certain kinds of damages and has a "loser pays" provision. What this means is, in the event you are unsuccessful in your lawsuit , you will owe the prevailing side their attorney's fees and costs in certain situations. Designed to smoke out frivolous claims, the reality of the provision will tip the scales in favor of the wealthier litigant. The indigent party of one of modest means will simply not be able to afford to take the risk. Survival of the richest in its purest form.
What's in for the consumers who will be giving up their right to certain damages?
As part of the "Contract with America," why... ...read full post