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November 13, 2014

ILR’s Lisa Rickard Quoted in Story Examining Impact of CSX Settlement

In a Huffington Post story examining the impact of CSX’s successful use of the federal RICO statute against asbestos plaintiffs’ attorneys and a physician, Sara Warner quotes ILR President Lisa A. Rickard on the impact.

“News from the CSX case sent a ripple through the asbestos civil litigation world last week, and business leaders suggested it signals a trend,” writes Warner, “With Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform, saying that ‘… we commend CSX Transportation for pushing back against the endemic fraud and abuse in asbestos litigation… this settlement illuminates a path for unjustly-targeted companies to fight back.’

The CSX case is reportedly leading California defense lawyer Michal Lampe, who has been embroiled in a high-profile fight with a California plaintiffs’ firm over asbestos litigation against his car-dealer client, to consider use of the federal RICO statute against the firm.

“If lawyers are getting caught with their hand in the proverbial cookie jar, or withholding required evidence, or engaging in any other bad behaviours,” concludes Warner, “It’s just that – “lawyers gone wild” so to speak.”

Read the full story here.

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