LegalNewsLine Logo  
Wednesday, May 23 2012 Twitter  feedburner  yahoo  Subscribe in NewsGator Online
News | Contact LegalNewsline | About Us | Advertise | RSS
Enter search keyword
 
clear
clear
NEWSLETTER
Receive our FREE weekly newsletter
click here
Today's Offers:

LNL MOST POPULAR ARTICLES
+ Mich. SC justice under scrutiny for real estate transactions
+ Seventh Circuit slams door on shareholder lawsuit against Zimmer
+ Verizon employee settles with employer, union
+ SEC charges N.J. man with real estate investment scam
+ Federal judge refuses to dismiss Chevron RICO lawsuit
LNL HOT TOPICS
+ Asbestos
+ Big Pharma
+ BP Oil Spill
+ Class Action
+ Dickie Scruggs
+ Federal Government
+ Financial Crisis
+ Global Warming
+ Hurricane Katrina
+ Labor Issues
+ Lead Paint
+ Sub-Prime Mortgages
Tort Reform 
story date  
Tort reform group has its eyes on Louisiana
landry.jpg
Landry
WASHINGTON (Legal Newsline) - Louisiana State University's football is not the only Bayou State institution being ranked this year. The state of Louisiana made the American Tort Reform Foundation's annual Judicial Hellhole list.

Judicial Hellholes are those jurisdictions which ATRF claims are unjust in their civil litigation and court practices. Louisiana was added to the Watch List, which means it is not quite a dyed-in-the-wool judicial hellhole. But there have been disturbing actions in the state courts that make it worthy of monitoring, according to ATRF.

The reason Louisiana is on the Watch List is its job-killing "legacy lawsuits" and for "an appellate court's decision to uphold a $15 million verdict for the family of a man who blew up his home while in the process of stealing natural gas from a local utility," the report says.

"This is not the first time Louisiana has been called out on the national stage for its poor legal climate, and whether we like it or not, reputations matter," Melissa Landry, executive director of Louisiana Lawsuit Abuse Watch, said in a statement regarding the report.

"The perception of a state's legal climate affects how companies do business, and where they decide to invest and create new, well-paying jobs."

According to ATRF, the state "has developed a cottage industry of lawsuit claims against energy companies replete with unsubstantiated claims of environmental contamination."

There have been more than 250 of such legal actions, it says. Approximately 1,500 companies have been targeted, many of which have chosen to settle out of court rather than risk jury verdicts that can be capricious, ATRF says.

"Unfortunately, Louisiana's pattern of doling out millions of dollars for hugely exaggerated claims of environmental damage as a result of decades-old oil and gas production has spawned a cottage industry of cookie cutter lawsuits that are giving Louisiana a bad name and threatening the survival of a critical aspect of our energy sector," Landry said.

"This jarring reputation as a potential Judicial Hellhole should concern every policymaker and citizen in Louisiana hoping to see more jobs and a stronger economy for our state."


Filed Under: Hot Topics

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

MORE NEWS HEADLINES:
+ Compromise announced on 'legacy lawsuit' reform - 5/17   read more
+ N.J. lawmakers to discuss class action reform - 5/17   read more
+ Calif. bill targeting ADA lawsuit reform clears committee - 5/11   read more
+ Legacy lawsuits bill being 'held hostage,' supporter says - 5/4   read more
+ Miss. judge rules tort reform unconstitutional - 4/27   read more
+ La. rep. says opponent threatened his career over legacy lawsuit ... - 4/23   read more
+ 'Legacy lawsuit' reform makes it through La. House committee - 4/20   read more
+ La. industry groups pushing 'legacy lawsuit' reform - 4/6   read more
+ Judge upholds Texas' 2003 tort reform - 3/28   read more
+ No ban coming on lawsuit financing in Oklahoma - 3/21   read more


IN THE SPOTLIGHT:
livermore.jpg
Monday, May 21, 2012
NEW YORK (Legal Newsline) - A think tank affiliated with New York University School of Law has issued a report that "takes aim at the confusing debate over jobs and environmental regulation."
Read more...


+ Controversial presentation on creating 'legacy lawsuits' uncovered - 5/11
+ Defendants mount arguments for keeping Colossus in federal court - 5/8
+ Alaska AG says EPA's actions 'unlawful' - 4/30
+ U.S. SC won't take on torture case against Chevron - 4/27
+ Judge in Ark. Colossus class action did not 'play' - 4/25
BROWSE BY STATE:
 
BROWSE BY AG:
 
BROWSE BY DATE:
 
NEWS WIDGET:
Attention bloggers:
Add Record Headlines to your site!


fast + free- click here
NEWS | CONTACT LEGALNEWSLINE | ABOUT US | ADVERTISE | RSS © 2008 LegalNewsLine.com. All Rights Reserved.