Sunday, April 13, 2003
Virginia No. 8 on U.S. Chamber's best places to be sued list
This article says that Maryland is at a competitive disadvantage against its neighbors Delaware and Virginia, which were first and eighth on the U.S. Chamber of Commerce survey lists of business-friendly states. The author notes that "Virginia has a contributory negligence standard, like Maryland, but it imposes a $350,000 cap on punitive damages. Virginia also does not allow class-action suits in state court, something that is noticed by businesses like Phillip Morris Companies Inc., now known as Altria Group Inc., which recently relocated to Richmond. 'It (Virginia) is not a plaintiff-friendly state,'" said a Virginia chamber spokesman.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment