LegalNewsLine Logo  
Thursday, August 7 2008     Subscribe in NewsGator Online
News | Contact LegalNewsline | About Us | Advertise | RSS
Enter search keyword
 
NEWSLETTER
Receive our FREE weekly newsletter
click here
LNL MOST POPULAR ARTICLES
+ McGraw has taken outside counsel idea to new heights
+ AG's staff could be paid minimum wage if governor has his way
+ Scruggs didn't deny State Farm attorney's allegations
+ Potato chip and French fry makers settle with attorney general
+ Scruggs begins 5-year sentence
LNL HOT TOPICS
+ Asbestos
+ Big Pharma
+ Class Action
+ Dickie Scruggs
+ Gasoline Prices
+ Global Warming
+ Hurricane Katrina
+ Lead Paint
+ Personal Injury
+ Sub-Prime Mortgages
+ Tobacco
+ Tort Reform
Tort Reform 
 
Oklahoma Tort reform bill stalls
Rex Duncan
OKLAHOMA CITY, Okla. (Legal Newsline)-Oklahoma state lawmakers have jettisoned a rewrite to a comprehensive tort overhaul amid a tepid political climate.

The proposal would have asked voters whether to cap attorney contingency fees at 33 percent instead of 50 percent in personal injury cases.

State Rep. Rex Duncan, R-Sand Springs, said while he supported the original intent to pass, among other things, class action reforms, he said he opposes efforts to cap what lawyers may charge clients.

"Whenever the Legislature engages in a practice when it decides what a profession, entity or individual can charge in a free market, it is socialism," Duncan told Legal Newsline.

Duncan, chairman of the House Judiciary and Public Safety Committee, said setting a cap would "interfere" with an attorney's ability to contract with their clients, "negates the idea of competition" in the marketplace and is "thinly veiled lawyer bashing."

State lawmakers originally sought to cap non-economic damages at $300,000 and require potential members of a class action to opt into participation in the lawsuit.

The legislation, long sought by tort reformers, also would have included a joint and several liability provision that would require monetary judgments to be issued based on who is at fault rather than which of the defendants can afford to pay the award.

The bill, once it reached a full House vote last week, the 120-page bill was amended to just place on the ballot a proposal to cap contingency fees in personal injury cases.

State Rep. Daniel Sullivan, R-Tulsa, was the House sponsor of Senate Bill 156.

Under an amendment he offered to help gain support for the proposal, contingency fees would have been limited to no more than 33 percent for the first $1 million awarded in a tort case, and to 20 percent of any amount awarded exceeding $1 million.

A similar bill cleared the state Legislature last year, but was vetoed by Gov. Brad Henry, who said the bill would have impeded Oklahomans' access to justice.

Current Oklahoma law prohibits attorneys from claiming more than 50 percent of a jury award as an attorney fee.

From Legal Newsline: Reach reporter Chris Rizo by e-mail at chrisrizo@legalnewsline.com.

Filed Under: Hot Topics


COMMENTS ON THIS ARTICLE:

No comments have been posted in the last 15 days!

SEND US YOUR COMMENTS ON THIS ARTICLE:


* - Required fields

Subject: *
Message: *
Contact Name: *
Contact URL:
Contact Email: *
This Is CAPTCHA Image
Write the characters in the image above: 

E-mail this article to a friend | Printer friendly format

MORE NEWS HEADLINES:
+ Lawyers, lobbyists court state AGs - 8/6  
+ Report: Market volatility sparks increase in securities class act... - 7/29  
+ Web site spotlights trial lawyer 'earmarks' - 7/28  
+ Expert: Private securities lawsuits hurt economy - 7/24  
+ Poll: State supreme court justices should be elected - 7/16  
+ Woman sues Texaco over non-winning lottery tickets - 7/15  
+ Medical Review Panel credited with reducing lawsuits - 7/15  
+ Study: Arbitration a better venue for consumers than courtrooms - 7/15  
+ Tort reform measures fail to qualify for Oregon ballot - 7/14  
+ Jurists, scholars meet to discuss impartiality of California cour... - 7/7  


IN THE SPOTLIGHT:
JACKSON, Miss. (Legal Newsline) - Mississippi Attorney General Jim Hood says his lawsuit against State Farm Insurance made the company pay $74 million it initially refused to give to policyholders affected by 2005's Hurricane Katrina.
Read more...


+ McGraw has taken outside counsel idea to new heights - 8/1
+ Low-profile judge thrust into the spotlight - 7/30
+ Colossus attorney's group already generated $73 million in fees - 7/22
+ Colossal class action hits Texarkana - 7/11
BROWSE BY STATE:
 
BROWSE BY AG:
 
BROWSE BY DATE:
 
LATEST LNL BLOG ENTRIES:
+ Synagro's response to Pa. AG candidate's remarks about sludge
+ Pa. AG candidate: Corbett's sludge stance on side of corporations
+ McDonnell: Virginia laws adapting to new counterfeit products

NEWS | CONTACT LEGALNEWSLINE | ABOUT US | ADVERTISE | RSS © 2008 LegalNewsLine.com. All Rights Reserved.