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On July 10, the U.S. Senate killed legislation that sought to limit non-economic damage recoveries in medical malpractice suits to $250,000. It would also have capped punitive damages at the greater of $250,000 or twice the amount of economic damages. The vote was 49-48, with Republicans largely favoring it and Democrats opposing it. President Bush, who was pushing for passage of the bill, stated after the vote that he was dismayed by the outcome because access to quality health care is being jeopardized by frivolous lawsuits. The bill was similar to one passed by Congress earlier this year.
New Jersey Plaintiffs Lose Right to Interest
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
A federal district court in Miami, FL, has ruled that former National Basketball Association star Shaquille O'Neal will have to face a lawsuit over his promotion of unregistered securities in the form of cryptocurrency tokens and that he was a "seller" of these unregistered securities.
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
In recent years, there has been a growing number of dry cleaners claiming to be "organic," "green," or "eco-friendly." While that may be true with respect to some, many dry cleaners continue to use a cleaning method involving the use of a solvent called perchloroethylene, commonly known as perc. And, there seems to be an increasing number of lawsuits stemming from environmental problems associated with historic dry cleaning operations utilizing this chemical.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?