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November 7, 2017

“Abuses in the Tort System” to Blame for Bankruptcy, Says Atlanta Company

In an op-ed in the Wheeling Intelligencer, the executive director of the West Virginia Manufacturers Association said two bills before the U.S. Senate could limit “profit-driven litigation” that “threatens” West Virginia companies.

Rebecca McPhail pointed to the Fairness in Class Action Litigation Act and the Furthering Asbestos Claims Transparency Act as examples of “meaningful reforms to an out-of-control system.” Without these two legal reform bills, McPhail said, West Virginia businesses “can still be hit by federal class actions from out of state that cripple businesses and discourage investment.”

The help McPhail calls for may soon be on the way. The U.S. House of Representatives passed these measures in March. Today, the Senate Judiciary Committee will hold a hearing called “The Impact of Lawsuit Abuse on American Small Businesses and Job Creators” to examine these issues.

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