NEWS RELEASE
Posted: April 9, 2003
U.S. CHAMBER:
CORPORATE LAWYERS PRAISE DELAWARE'S LEGAL SYSTEM
WASHINGTON -- The
United States Chamber of Commerce’s second annual poll of corporate
counselors and senior litigators on the fairness or reasonableness
of state liability systems continues to find a majority of states
deserve a grade of fair to poor.
At the head of the
class were Delaware, Nebraska, Iowa, South Dakota and Indiana.
Delaware was at the top of the list in both years of the survey.
Bringing up the
bottom -- those states perceived as having the worst performance --
were Mississippi, West Virginia, Alabama, Louisiana and Texas.
“When abusive
lawsuits rush in, new jobs stay out,” said Thomas Donohue, Chamber
President and CEO. “States must know that if they maintain legal
systems that are unfair for companies, those companies can and will
go elsewhere.”
Through interviews
with more than 900 corporate attorneys, the Chamber Institute for
Legal Reform and Harris Interactive found an overwhelming majority
of those polled (82%) said a state’s litigation environment affects
important decisions, such as where to locate or do business. And 65%
ranked state court liability systems as only “fair” or “poor,” up
from 57% last year.
The Chamber is
running full-page ads in national newspapers such as the
Wall Street Journal and
Washington Post and
in select newspapers in states at the bottom of the list.
“Our ad campaign
highlights the terrible price of having a legal system that falls
short,” Donohue added. “Yet, if state and local leaders work to
improve their legal systems, they will bring great benefits to the
people they serve - more jobs, more investment and more revenues to
pay for schools, roads and health care.”
Survey respondents
-- companies with annual revenues of at least $100 million -- were
asked to grade all 50 states based on: treatment of class action
suits, punitive damages, timeliness of summary judgment/dismissal,
discovery, scientific and technical evidence, judges’ impartiality
and competence, and juries’ fairness and predictability.
The United States
Chamber of Commerce is the world's largest business federation
representing more than three million businesses and organizations of
every size, sector and region. The mission of the U.S. Chamber
Institute for Legal Reform is to make America's legal system
simpler, fairer and faster for everyone.
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