Mayor Bloomberg Endorses Commonsense Tort Reform

On January 25, 2010, Mayor Bloomberg provided testimony in front of the joint New York State Assembly Ways and Means Committee and the Senate Finance Committee about the impact of Governor Paterson’s proposed budget on New York City.  In this testimony, he clearly endorses the concept of meaningful lawsuit reforms, some of which are actually included in the Governor’s budget proposal.

The Mayor commended the Governor’s budget on several points including, “… end a requirement that the City pay extraordinarily inflated 9 percent interest to plaintiffs on court-ordered civil judgments.  Today, no one gets 9 percent. The fairer, Treasury-bill-pegged rate the Governor proposes would save the City at least $1 million a year.”

Later in his testomony, he called on the State leaders to adopt several other initiatives including, “common sense tort reforms already on the book in many state, which would save our City more than $140 million a year in civil judgement.”

Again, we at New Yorkers for Lawsuit Reform couldn’t agree more!

We Couldn’t Agree More!

Check out this editorial from today’s Albany Times Union.  We concur that working for a firm so closely connected with the Trial Lawyers Association represents a significant problem for Senator Sampson and points to the vast influence that the trial bar has had and continues to have over New York State politics.

“Now is not the time for half measures” NYLR comments on State of the State

Mark Kriss, executive director of New Yorkers for Lawsuit Reform, provided comment on Governor Paterson’s State of the State address made earlier today.  “Now is not the time for half measures.  Governor paterson and the members of the New York State Legislature need to adopt commnsense and meaningful lawsuit reform now … before it is too late.”  See the whole statement here.

New Years Lawsuit Reform Wishes for New York State

New Yorkers for Lawsuit Reform has sent a letter to Governor Paterson and leaders of the New York State legislature asking them to take up the issue of meaningful lawsuit reform in 2010 to help revitalize our economy.  Click here to see a copy of the press release.  Here’s to a happy and more prosperous new year for everyone in 2010 and to our State’s leaders finally considering making real reforms which will expand our economy, increase job opportunities, help to balance our budget, lower taxes and make health care more affordable and accessible.

Want to guess why New York City Taxes Are High?

The lawsuit climate is so bad in New York City (recently named a “judicial hellhole” by the American Tort Reform Association) that New York City finds it more cost efficient to settle most of the lawsuits against it, rather than going to a jury trial.  The result of this policy (and, more importantly, this climate) is that last year alone, the City paid out $563 Million in payouts.  Just to remind you…that $563 Million is your tax dollars which must be paid, often to avoid an even more expensive jury trial.

The full article can be found here.

As one commenter said, “forget the lottery, the real payout is in suing the City.”

New York City Named A Judicial Hellhole

The American Tort Reform Foundation has named New York City as a “Judicial Hellhole” in a report released earlier today.  New York City and New Mexico joined the list this year along with perennial “winners” South Florida, West Virginia, Cook County (Illinois) and Atlantic County (New Jersey).

“Lawsuit abuse continues to have a negative impact on both the nation’s economy and its health care system,” said ATRF preisdnet Tiger Joyce.  “Unfortunately for those living in Hellholes jurisdictions during this economic downturn, it can be that much harder to find or heep a job and get critical health care services as employers and doctors are driven away by the threat of costly litigation.”

We, at NYLR, couldn’t agree more.

Click here for  copy of the news release and click here to see the full report (PDF file.  Right click and select download as).

NYLR Op-Ed published in Utica Observer Dispatch

The Sunday (December 13, 2009) Utica Observer Dispatch published an opinion article written by New Yorkers for Lawsuit Reform.  You can read it here.

NYLR Executive Director Testifies at NYS Senate Hearing on Medical Malpractice

New Yorkers for Lawsuit Reform testified last week at a hearing on Medical Malpractice Reform in front of the New York State Senate’s Standing committees on Insurance, Health and Codes.  Click here to see a copy of our testimony (PDF file.  Right click and select “Save As” to download it to your computer).  To view the whole hearing, click here.  (Caution.  The whole video is more than four hours long).

Lockport Newspaper Agrees with Rochester and NYLR: Stop Ignoring Legal Reform

The Lockport Union-Sun & Journal agrees with the Rochester Democrat & Chronicle and reruns the D&C editorial on their pages in an endorsement of New Yorkers for Lawsuit Reform’s position.  Click here  to see the story.

Rochester Democrat & Chronicle: “New York’s Legal System Needs Reform”

The Rochester Democrat and Chronicle agrees that the time is now to reform New York’s outdated and costly legal system.  “Specifically, New York must do something about the high cost of lawsuits and high-tort litigation risks. They’re costing taxpayers millions of dollars in higher taxes and increased costs for goods, insurance and health care.”

The full editorial can be found here.

New Yorkers for Lawsuit Reform’s executive director, Mark Kriss, also penned an op-ed for the paper which can be found here.