New Supreme Court Ruling in Corporate Law
Recently the U.S. Supreme Court narrowed rules on where injury lawsuits may be filed in the country, which will favorably help corporations in the future. The recent ruling will put an end to the Legislature’s constant debate over tort reform, and will curb plaintiffs’ ability to “shop” for courts in states with laws helpful to such injury lawsuits.
For example, in the past St. Louis has been condemned for filing mass tort cases because juries are inclined to grant high damage awards and laws permit lawyers to combine multiple plaintiffs, sometimes from different states, as long as they include a local plaintiff to establish jurisdiction. Just recently plaintiffs were awarded more than $300 million in four recent jury verdicts against New Jersey-based Johnson & Johnson. This will now be a thing of the past.
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