Gov. Mary Fallin of Oklahoma has signed three major pieces of tort reform legislation to law, discouraging abusive and frivolous lawsuits and improving the state’s business climate. From her April 5 statement:
For too long, inflated legal fees have been an unnecessary cost-driver in the private sector and a burden on the medical community. As a result, we’ve seen businesses and doctors choose to locate in other states, depriving our citizens of good jobs, reducing access to medical care and driving up the costs for medical treatment.
I’m thrilled to be able to sign into law measures which will directly address skyrocketing legal fees, protect our doctors, and help to bring more jobs and businesses into Oklahoma while still protecting the rights of plaintiffs and those who have suffered injuries. This is a great day for anyone who is committed to building a more prosperous state and a stronger economy.
The three bills she signed: (continue reading…)