As bogus lawsuits continue to rise, Congress fights to keep entrepreneurs out of court.
Is there anything more infuriating than a greedy lawyer dragging some innocent small business into court? Take the case in Long Island, New York, where a drunk driver hit a drunk jaywalker on her way to another watering hole. The pedestrian suffered a brain injury and sued the car rental company, a small business, which settled for $8.5 million.
That's one example offered by Sen. Spencer Abraham (R-MI) in support of his Small Business Liability Reform Act (S.1185), co-sponsored by Sen. Joseph Lieberman (D-CT). "Small businesses are particularly vulnerable to lawsuit abuse and find it difficult to bear the cost of defending themselves against unfair litigation," says Abraham, who is a member of the Senate Judiciary Committee, where the bill has been referred.
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