Economists tend to view tort law differently than lawyers—or state attorney generals—and this difference explains both the advent of bankruptcy trusts in adjudicating class action liability claims and...
Tag: tort law
Maui’s Public Nuisance Climate Lawsuit
Over 1,300 climate lawsuits have been filed in the U.S. None has yet succeeded. That fact in and of itself should give pause. In countries where plaintiffs who lose lawsuits must pay the defendant’s l...
More Controversy In The Bellwether Opioid Trial
In late April, I discussed what I felt were serious problems with Judge Dan Aaron Polster’s handling of the mass tort trial pitting two Ohio counties against Walmart WMT , Walgreens WBA , and CVS. (li...