Is there anything more infuriating than a greedy lawyer draggingsome innocent small business into court? Take the case in LongIsland, New York, where a drunk driver hit a drunk jaywalker on herway to another watering hole. The pedestrian suffered a braininjury and sued the car rental company, a small business, whichsettled for $8.5 million.
That's one example offered by Sen. Spencer Abraham (R-MI) insupport of his Small Business Liability Reform Act (S.1185),co-sponsored by Sen. Joseph Lieberman (D-CT). "Smallbusinesses are particularly vulnerable to lawsuit abuse and find itdifficult to bear the cost of defending themselves against unfairlitigation," says Abraham, who is a member of the SenateJudiciary Committee, where the bill has been referred.
When Her Parents' Restaurant Burned Down, This First-Generation Founder's Hot Sauce Brand Rose From the Ashes to Take on Corporate Giants
Not Hitting Your Goals? Here's How to Know If You Should Change Tactics or Strategy.
You Can Generate Your Own Viral LinkedIn Post With This Hilarious Tool
This Couple Lost Everything When the Housing Market Crashed. But Manifesting 'Magic' Helped Them Launch a Metaphysical Brand With 10 Stores.
The Best Software Solutions and Tech Providers in the Franchising Industry
This 18-Year-Old Student Wanted a Better Way to Keep Track of His School Work. So He Built an App — and a Business.