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.
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The Nevada Supreme Court has backed the firearms industry in wrongful death litigation – even when plaintiffs plausibly allege their products were illegal. The court made its ruling Dec. 2 in the case of Carrie Parsons, one of the victims of the 2017 mass shooting carried out by Stephen Paddock from the 32nd floor of the Mandalay Bay Hotel in Las Vegas. Read and share: bit.ly/3oP1bF2
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CARSON CITY, Nev. (Legal Newsline) – The Nevada Supreme Court has backed the firearms industry in wrongful death litigation – even when plaintiffs plausibly allege their products were illegal. The...Lawyers are greedy and stupid and wrong
A billboard towers over IH-35, trumpeting a $1.25 billion “verdict/judgment” that personal-injury lawyer Thomas J. Henry secured for an alleged victim of sexual assault. Since July 1, lawyers no longer have to disclose in advertisements how much a client received from a verdict or settlement. That allowed Henry to omit from the billboard that he didn’t actually put anything in his client’s pocket. Read and share: bit.ly/3rYgXzy
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The billboard towers over Interstate 35 just north of downtown San Antonio, trumpeting a $1.25 billion “verdict/judgment” that personal-injury lawyer Thomas J. Henry secured for an alleged victim ...The American Tort Reform Foundation has released its annual Judicial Hellholes report, placing the Fifth Court of Appeals in Dallas on its watch list. The report also listed the Texas Supreme Court as a point of light. Read and share: bit.ly/3ERu0Xb
Judicial Hellholes report puts Dallas Court of Appeals on watch list - Texans for Lawsuit Reform
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DALLAS – The American Tort Reform Foundation released its annual Judicial Hellholes report today, placing the Fifth Court of Appeals in Dallas on its watch list. The report also listed the Texas Sup...
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Get Involved - Texans for Lawsuit Reform
Texans for Lawsuit Reform has thousands of supporters from across Texas who are committed to a fair and balanced civil justice system.
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What’s the secret sauce that continues to attract big thinkers to the Lone Star State? A strong economy that encourages investment and research, supported by a fair legal system that shuts down innovation-killing lawsuits. Read & RT: https://bit.ly/3IedsK4
Want to make a difference in the fight against lawsuit abuse? Join the TLR team today! #stoplawsuitabuse
Get Involved - Texans for Lawsuit Reform
Texans for Lawsuit Reform has thousands of supporters from across Texas who are committed to a fair and balanced civil justice system.
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