AUSTIN, Texas (Legal Newsline) - The broadest study yet of consumer litigation finance – money forwarded to lawsuit plaintiffs in anticipation of a victory in court or a legal settlement – found a “very complicated and circuitous” system in which some borrowers appear to subsidize others and the median interest rate exceeds 40%.
CHICAGO (Legal Newsline) – A closely watched Fair Credit Reporting Act (FCRA) case could have bearing on Illinois' one-of-a-kind biometric privacy law after an appeals court ruled last month the plaintiff alleged no actual harm, an attorney who defends businesses against such cases said during a recent interview.
The Metro-East, internationally known as a favorite destination for out-of-state personal injury lawyers and plaintiffs looking to cash in playing the lawsuit lottery, has cemented its status as the “Lawsuit Abuse Capital of the U.S.” with Madison County being named today to a list of the nation’s “Worst Judicial Hellholes.”
The American Tort Reform Association (ATRA) has again recycled its annual “report” to stoke prejudice and fear of our state’s legal system. ATRA, a well-funded front group for the nation’s wealthiest corporations, works to undermine the independence of courts to help corporate interests avoid responsibility for their dangerous behavior and reckless actions.
'The way due process is supposed to work': Ill. Supreme Court decision reshapes state's legal landscape
Three years after the U.S. Supreme Court moved to significantly limit general personal jurisdiction over corporations, the Illinois Supreme Court at last has used that precedent to perhaps achieve legal venue reforms long sought by business groups and reform proponents - and long ignored by state lawmakers.