STATEMENT: Response to the Cuomo, Schneiderman Litigation Risk Partnership from LRANY Executive Director

LRANYlogo_tag-RGB

[hr]

November 19, 2015

Response to the Cuomo, Schneiderman Litigation Risk Partnership from Lawsuit Reform Alliance of New York Executive Director Tom Stebbins

“We are thrilled that the Governor and Attorney General both recognize the runaway costs of litigation against New York State, our schools, and our municipalities, but New York needs to do more than asses risk, we need to address it. Studies have shown that our municipalities pay over a billion dollars in lawsuits costs every year. New York City alone spends more on lawsuit settlements than on parks, libraries, and aging combined – over $700 million according to reports from the NYC comptroller.

Governor Cuomo is uniquely positioned to target the sources of these costs by spearheading common sense reform of laws like the Scaffold Law, which estimates suggest cost our public institutions $785m annually. The Governor could also push reform of our so-called ‘joint and several’ laws which encourage litigants to ‘sue everybody’ but most often affect our state and municipalities. We commend the Governor and AG for recognizing the problems, but now is the time to focus on the solutions.”

-Tom Stebbins, Executive Director, Lawsuit Reform Alliance of New York

#  #  #  #

Contact: Phoebe Stonbely | PStonbely@lrany.org | 518.512.5265

The Lawsuit Reform Alliance of New York (LRANY) is a nonpartisan not-for-profit association of businesses, professionals, healthcare providers, membership organizations, taxpayers, and concerned citizens committed to changing New York’s legal system to help create jobs and energize our economy.

See Press Release from the Governor’s Office on the Partnership for Litigation Risk Reduction Here

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *