Business & Economics

Business & Economics

Report shows lawsuit reforms boost local economy

More than a billion dollars have been added to the local economy and more than 8,000 jobs have been created in Southeast Texas thanks to lawsuit reforms, a national economist reported Monday. “Lawsuit reform has led to improvements in the Texas business climate that have generated hundreds of thousands of ...
Commentary

Is ‘Cap-and-Trade’ Good for California?

The California Air Resources Board is mulling a mix of regulations, fees and market-like mechanisms to impose on California, to comply with the state’s Global Warming Solutions Act. That 2006 law requires California to cut greenhouse gas emissions back to 1990 levels within 12 years, but it gives the board ...
Business & Economics

The case for the flat tax

In the April 17 editorial “Taxes done and mailed; let’s consider reforms,” The Bee says: “An ideal tax system would be flat overall, with progressive income taxes offsetting regressive property, sales and excise taxes. That way, each income group would pay a similar share of income in taxes.” Why go ...
Business & Economics

Businesses fear N.J. courts

A national business group has given its verdict on New Jersey’s legal climate, and it’s not good. A report released Wednesday by the U.S. Chamber of Commerce, a Washington, D.C.-based business lobby group, placed New Jersey 35th in a national survey of lawyers that judged state court systems on whether ...
Business & Economics

Study ranks W.Va. court system last again

WASHINGTON – West Virginia again is last in a study ranking states’ court systems. For the third consecutive year, the Mountain State is ranked 50th in the 2008 State Liability Systems Ranking Study, which was released Wednesday by the U.S. Chamber Institute for Legal Reform. The study, conducted by Harris ...
Business & Economics

W.Va. ranked 50th in legal climate

Once again, the debate over West Virginia’s rankings in the legal climate is raging, inspired by a fresh study performed for the U.S. Chamber of Commerce putting the state dead last. Teresa Toriseva, head of the West Virginia Association for Justice, an organization of trial lawyers, ridiculed the Harris poll ...
Business & Economics

Still more work to do

Editor, Daily News: Less than two weeks remain in the 2008 Florida legislative session and it appears that common-sense legal reform will not be addressed. Unfortunately, Florida’s budget crisis has commanded the attention of our legislators, and important legal reforms like “expert witnesses” and “emergency health-care providers” will probably not ...
Business & Economics

Prebuttals, Insults and Intellectual Honesty

The U.S. Chamber of Commerce’s Institute for Legal Reform on Wednesday is releasing its 2008 Lawsuit Climate report, an annual exercise in which the ILR surveys in-house counsels on their perceptions of how reasonable and balanced each state’s tort liability system is. (The 2007 survey is available here.) It’s one ...
Business & Economics

FCC Holds Kangaroo Court at Stanford

Though commissioner (and net neutrality opponent) Robert McDowell expressed disappointment over Comcast’s absence, the company understandably kept its distance from what quickly deteriorated into a kangaroo court. With 70 percent of the panelists, and 100 percent of the public comments supporting strict regulations and penalties, it appears that the verdict ...
Business & Economics

A well-intentioned bad idea

There’s troubling legislation in Sacramento to open the state’s lucrative public employee retirement system to private employees. Unfortunately, there’s little opposition, which may make the scheme inevitable. As with so many well-intended government ideas, Assembly Bill 2940 ostensibly would solve a problem. But as is also so often the case, ...
Business & Economics

Report shows lawsuit reforms boost local economy

More than a billion dollars have been added to the local economy and more than 8,000 jobs have been created in Southeast Texas thanks to lawsuit reforms, a national economist reported Monday. “Lawsuit reform has led to improvements in the Texas business climate that have generated hundreds of thousands of ...
Commentary

Is ‘Cap-and-Trade’ Good for California?

The California Air Resources Board is mulling a mix of regulations, fees and market-like mechanisms to impose on California, to comply with the state’s Global Warming Solutions Act. That 2006 law requires California to cut greenhouse gas emissions back to 1990 levels within 12 years, but it gives the board ...
Business & Economics

The case for the flat tax

In the April 17 editorial “Taxes done and mailed; let’s consider reforms,” The Bee says: “An ideal tax system would be flat overall, with progressive income taxes offsetting regressive property, sales and excise taxes. That way, each income group would pay a similar share of income in taxes.” Why go ...
Business & Economics

Businesses fear N.J. courts

A national business group has given its verdict on New Jersey’s legal climate, and it’s not good. A report released Wednesday by the U.S. Chamber of Commerce, a Washington, D.C.-based business lobby group, placed New Jersey 35th in a national survey of lawyers that judged state court systems on whether ...
Business & Economics

Study ranks W.Va. court system last again

WASHINGTON – West Virginia again is last in a study ranking states’ court systems. For the third consecutive year, the Mountain State is ranked 50th in the 2008 State Liability Systems Ranking Study, which was released Wednesday by the U.S. Chamber Institute for Legal Reform. The study, conducted by Harris ...
Business & Economics

W.Va. ranked 50th in legal climate

Once again, the debate over West Virginia’s rankings in the legal climate is raging, inspired by a fresh study performed for the U.S. Chamber of Commerce putting the state dead last. Teresa Toriseva, head of the West Virginia Association for Justice, an organization of trial lawyers, ridiculed the Harris poll ...
Business & Economics

Still more work to do

Editor, Daily News: Less than two weeks remain in the 2008 Florida legislative session and it appears that common-sense legal reform will not be addressed. Unfortunately, Florida’s budget crisis has commanded the attention of our legislators, and important legal reforms like “expert witnesses” and “emergency health-care providers” will probably not ...
Business & Economics

Prebuttals, Insults and Intellectual Honesty

The U.S. Chamber of Commerce’s Institute for Legal Reform on Wednesday is releasing its 2008 Lawsuit Climate report, an annual exercise in which the ILR surveys in-house counsels on their perceptions of how reasonable and balanced each state’s tort liability system is. (The 2007 survey is available here.) It’s one ...
Business & Economics

FCC Holds Kangaroo Court at Stanford

Though commissioner (and net neutrality opponent) Robert McDowell expressed disappointment over Comcast’s absence, the company understandably kept its distance from what quickly deteriorated into a kangaroo court. With 70 percent of the panelists, and 100 percent of the public comments supporting strict regulations and penalties, it appears that the verdict ...
Business & Economics

A well-intentioned bad idea

There’s troubling legislation in Sacramento to open the state’s lucrative public employee retirement system to private employees. Unfortunately, there’s little opposition, which may make the scheme inevitable. As with so many well-intended government ideas, Assembly Bill 2940 ostensibly would solve a problem. But as is also so often the case, ...
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