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March 2010 Archives

Federal Reserve Issues Proposed CARD Act Regulations

Late last week, the Federal Reserve Board issued its proposed regulations (to be codified as Regulation Z) governing the final sections of the CARD Act, which will go into effect August 22, 2010. Though the proposed regulations would significantly limit lenders’ imposition of penalty fees

Tort Reform Hypocrisy: 'Do As I Say, Not As I Sue'

Anthony Tarricone, President of the American Association for Justice, addresses the hypocrisy of tort reform opponents only too eager to file lawsuits when it fits their personal and political agendas.

Georgia Supreme Court Declares Noneconomic Damages Cap in Medical Malpractice Cases Unconstitutional

Last week, the Supreme Court of Georgia declared that a recently-enacted state law capping noneconomic damages violated the right to a jury trial bestowed by the Georgia Constitution.

North Carolina Court of Appeals Upholds Securities Fraud Verdict Obtained by Martin & Jones

The North Carolina Court of Appeals recently upheld a jury verdict that Martin & Jones obtained on behalf of two senior citizens who were defrauded in an investment scheme.

Federal Reserve Issues Publication Explaining New Overdraft Rules

As new regulations governing overdraft fees will soon go into effect, the Federal Reserve Board has compiled a summary of the new rules. The Board’s publication “What You Need To Know: New Overdraft Rules for Debit and ATM Cards” can be assessed at the Federal Reserve Board’s website,

More Proof That Calls For Tort Reform Are Just Political Games

Even though malpractice awards are dropping to near-record lows, medical negligence -- the errors that injure and kill patients -- have not similarly dropped. Calls for tort reform ignore the most important concern: improving patient safety by reducing medical negligence.

Health Care Reform Is The Issue - Tort Reform Is The Opponents' 'Distraction'

While I was visiting a neurosurgeon’s office in the recent past, he took the occasion to show me all the medical charts he was reviewing for medical negligence. As I gazed upon the many stacks of medical records, he asked me why there were so many medical malpractice lawsuits.

Hospital Acquired Infections Kill Thousands and Cost Billions

Investigators reviewed hospital discharge records from as many as 69 million in-patient hospital admissions between 1998 and 2006, and found that these infections lengthened admissions from eleven to fourteen days and added approximately $33,000 to $46,000 in costs to those admissions.


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