product liability

(redirected from Product Liability Reform)
Also found in: Medical, Legal, Encyclopedia.
Related to Product Liability Reform: Manufacturer's Liability

product liability

n
(Commerce) the liability to the public of a manufacturer or trader for selling a faulty product
Translations

product liability

n (Jur) → Produkthaftung f
Mentioned in ?
References in periodicals archive ?
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.

Full browser ?