In the News Today – March 19, 2014
“Nobody wins when state officials deputize trial lawyers,” writes the Washington Examiner. It mentions an ILR report that explores the growing alliance between state attorneys general and the plaintiffs’ bar.
A court-appointed monitor says that five big banks have fulfilled their obligations under a $25 billion settlement. The banks have offered $20 billion in relief to struggling homeowners and have already paid $5 billion to states. Washington Post
There were a record number of asbestos lawsuits filed in Madison County, IL last year, but trials have been less frequent there than in other jurisdictions. And the defendants have been largely successful in the few cases that have gone to trial. Legal Newsline