NY Post: Nearly half of the world’s ‘most ridiculous’ lawsuits were filed in NY

The New York Post reports that… Nearly half of the “most ridiculous” lawsuits in the world this year were filed in New York. The Empire State has the dubious distinction of landing four of the top 10 spots in an annual list compiled by the US Chamber ­Institute for Legal Reform. A Brooklyn federal class-action suit […]

Today’s Verdict with David Lesch

LRANY’s Thomas Stebbins joined David Lesch on Today’s Verdict to talk about lawsuit lending and the high cost of municipal liability in New York City

NY Post: Wall St. cashing in on NYC’s legal feeding frenzy

Wall Street hedge funds are cashing in on New York’s legal feeding frenzy by financing “mass tort litigation” over prescription drugs and medical devices in exchange for a piece of the action when the cases settle, the “Judicial Hellholes” report reveals. The result is an “unfair playing field for defendants,” the report says. Tom Stebbins […]