Tucked in among various belt-tightening job cuts and agency consolidations in the governor’s budget is the proposed creation of a new Department of Financial Regulation, controlled by a governor-appointed superintendent with ominously broad powers to promulgate new regulations and level lawsuits relating to banking, insurance and consumer protection.
Judicial HellholesThe District of Columbia’s highest court has rejected two claims that threatened to make the nation’s capital a magnet for consumer lawsuit abuse. The alternative, the Court recognized, “would open our courts to any person from anywhere who decides to lodge a complaint labeled as a ‘representative action’ . . . even though that person has suffered no injury-in-fact related to a District of Columbia merchant’s unlawful trade practice”
Points of Light“Seven businesses that constantly defend asbestos suits in Madison County have urged Circuit Judge Barbara Crowder to curtail the county’s
Judicial Hellholes