MYTH TWO:
Product liability reform won't have any effect on our competitiveness because when we are selling abroad we are playing by foreign rules.
On the matter of
product liability reform, Satagaj said that Congress has changed tactics from a major overhaul of the nation's tort system to incremental changes.
Another New Years resolution Congress should act on is
product liability reform.
He added, "In all probability, thoughtful
product liability reform measures in Madison shall receive a deserved boost due to the dangerous elasticity of the Thomas cases and several unrelated decisions that the Wisconsin Supreme Court has issued coincidentally, which together stand to usurp the power of the legislature and permanently bend the state's traditional tort system out of kilter.
The issue of
product liability reform has been on the national agenda since the mid-1980s.
Out of the 14 states who've passed legislation to protect gun manufacturers and retailers from junk lawsuits, Texas' work is the most important, for two reasons: First, Texas has passed perhaps the broadest
product liability reform in the nation.
As with multiple imposition of punitive damages, there is a clear need for
product liability reform legislation at the federal level.
He was the principal sponsor of
product liability reform in the 104th Congress, the only bill of its kind to pass the house.
Key upcoming debates facing the House and Senate include retail bankruptcy reform, a workplace ergonomics vote and the Small Business
Product Liability Reform Act, Sederholm said.
In states with the most change regarding
product liability reform, annual loss costs have increased 4.
Congress has debated
product liability reform for some 20 years and a reform bill was vetoed by President Clinton in 1997.
Stacy Shapiro,
Product Liability Reform Revitalizes General Aviation, Bus.
