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Miami-Dade
County, Florida – Florida, once among
the most business-friendly states in the nation, has become a
mecca for lawsuit abuse, which costs every state resident more
and more money and increasingly threatens the state’s
prosperity, according to prominent Florida officials and state
and national business leaders urging passage of historic legal
reform legislation at a Miami news conference.
This year, the pendulum appears
ready to shift: The cumulative abuse of the state’s civil
justice system has galvanized never-before-seen momentum behind
a series of critically needed legislative reforms. As the 2005
Florida Legislature enters its final two weeks, several bills
appear poised for passage.
“It’s time for Florida to
pass these reforms that will help the state’s economy and shut
down South Florida’s ‘Judicial
Hellhole®,’” said
Sherman
Joyce, President of the
American Tort Reform
Association. “The personal injury bar has placed
an unfair burden on Florida taxpayers by filing cases in the
‘Hellhole’ that have no connection with the jurisdiction.”
“Florida’s tort
system is leading us toward an unfriendly business environment
that could wreak havoc with our economy,” said Tom Gallagher,
Chief Financial Officer for the State of Florida. “The time to
initiate meaningful lawsuit reform is now.”
Not long ago,
Florida ranked among the most attractive places in the United
States do businesses. But now, lawsuit abuse darkens the
Sunshine State’s business climate in a variety of ways:
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South
Florida is America’s 7th worst “Judicial Hellhole®,”
according to the American Tort Reform Association.
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Florida’s legal
fairness ranks 42nd in the nation, according to the U.S.
Chamber of Commerce Institute for Legal Reform.
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Florida jobs and
the state’s ability to compete with other southern states
are challenged by Georgia, Mississippi and South Carolina,
each of which has recently passed major legal reforms.
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Every Floridian
pays an annual “tort tax” of $845, as derived from the 2004
U.S. Tort Cost Report by Towers Perrin Tillinghast.
The
profound need for change has united Florida’s business and
medical communities to speak in one voice to fight for Florida’s
prosperity and quality of life. Additionally, the partnership
of the American Tort Reform Association and the Florida Justice
Reform Institute symbolizes the critical mass of state and
national support united behind reform.
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