A bill being considered by the New Jersey Legislature would expand the range of damages that could be awarded under our state’s Wrongful Death Act. If passed into law, it would increase insurance premiums for all New Jersey residents by making lawsuits more expensive and difficult to settle.
April 5 was a busy day under the State House dome. While the halls were swarmed with people up in arms over vaccines and nuclear power, two other bills attracted the attention of NJCJI and our allies in the business community.
Last year’s eye-opening decision in the case In re Garlock Sealing Technologies, LLC was shocking. We had long suspected that asbestos plaintiffs and their attorneys were gaming the system in order to increase their recoveries, but we had no idea just how big of a problem it was. Garlock showed that mitigating evidence had been withheld in almost all the cases brought against it over the past decade, but was the same thing happening in cases brought against other defendants?
On Thursday, June 25, the New Jersey Senate will be voting on S3034, which would raise taxes on companies and individuals that have been ordered to pay punitive damages.
This morning Senate Budget and Appropriations Committee is holding a hearing on a bill that would raise taxes on companies and individuals that have been ordered to pay punitive damages. “There’s a reason no other states have a tax like this - it’s a terrible idea,” said Marcus Rayner, President of the New Jersey Civil Justice Institute.
Eye-popping verdicts become less notable when you are besieged by them day after day, but the New Jersey Law Journal’s 2015 Personal Injury Hall of Fame caused us to do a double take. Just twelve cases resulted in over $100 million in payouts.
New Jersey’s Consumer Fraud Act has been turned into an [...]
The New Jersey Consumer Fraud Act was enacted in 1960 [...]
A2035, which is being sponsored by Assembly Majority Leader Greenwald [...]
Assemblyman Craig Coughlin (D-Middlesex) introduced legislation which would give judges [...]