Law Professor: “Lawsuit Lenders are Like Sharks to Shipwrecks”
A law professor at Roger Williams University School of Law said “lawsuit lenders are like sharks to shipwrecks” who “capitaliz[e] on tragedy” in a response to a defense of the industry in Crain’s New York Business.
Professor Jenna Wims Hashway, who wrote Litigation Loansharks: A History of Litigation Lending and a Proposal to Bring Litigation Advances Within the Protection of Usury Laws, pushed back on an argument that said plaintiffs would be hurt by lawsuit lending regulation. She said it isn’t regulation, but “the usurious, extortionate rates of interest charged by this unregulated industry that hurt consumers the most.”
The lawsuit lending industry has been the subject of intense media scrutiny after reports of abuses in the New York Times and New York Post. Professor Hashway called it “low-risk, usurious profiteering, directed at vulnerable consumers.
As Texas marks the 15th anniversary of voter approval of a landmark medical liability reform, the state continues to see dramatic improvement in access to health care. Read and share: bit.ly/2xyzi8s
tortreform.com
As Texas marks the 15th anniversary of voter approval of a landmark medical liability reform, the state continues to see dramatic improvement in access to health care.In case you missed it — “We are at a time now more urgent than any time going back to 1994… for the people in this state to coalesce around one very simple concept: qualified judges are the ones who should be elected to be in office and serve on the bench.”—Gov. Greg Abbott. Watch and share: bit.ly/2D5AK8g
Federal prosecutors in Brooklyn are intensifying an investigation into allegations that a network of doctors, lawyers, financiers and consultants lured women into having pelvic mesh implants removed, according to the two people familiar with the matter. Read and share: bit.ly/2xB3YWv
Prosecutors Are Said to Issue Subpoenas Over Pelvic-Mesh Surgery Financing
tortreform.com
Federal prosecutors in Brooklyn are intensifying an investigation into allegations that a network of doctors, lawyers, financiers and consultants lured women into having pelvic mesh implants removed, ...
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15 years on, Proposition 12 continues to expand health care options across Texas, say tort reform groups. Read & RT:
15 years on, Proposition 12 continues to expand health care options across Texas, say tort reform groups
As Texas marks the 15th anniversary of voter approval of a landmark medical liability reform, the state continues to see dramatic improvement in acces...
bit.ly
Texans are savvy when it comes to personal injury trial lawyer advertising. But what many don’t realize is that the law firm in the ad might not actually be the firm to handle your case at all. Learn more in the latest TLR Advocate → https://t.co/3vrXCMfUC1 #txlege
