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Message
re: Does anyone hope that the La. legislature will pass a "loser pays" law?
Posted on 2/15/17 at 9:16 am to CorporateTiger
Posted on 2/15/17 at 9:16 am to CorporateTiger
quote:Perhaps you didn't read the post you were responding to, or perhaps you had a preformulated post in your mind. Loser-pays, in the terms delineated, assumes significant importance.
Yes and that is for a broad range of reasons. One of the least important on that list is the lack of loser pays.
1
Posted on 2/15/17 at 9:27 am to NC_Tigah
No I read your post. I understand your point,y response was more geared toward the overall tenor of this thread.
Simply put most of this thread is based around incorrect information put forth by the insurance industry which is designed to get other "reforms" (of varying quality) passed. Because loser pays has an innate appeal, people unfamiliar with the system put the cart before the horse.
If this turned into an added item after a massive overhaul of the system, then ok. That hasn't actually been what most proponents in this thread are pushing though.
Simply put most of this thread is based around incorrect information put forth by the insurance industry which is designed to get other "reforms" (of varying quality) passed. Because loser pays has an innate appeal, people unfamiliar with the system put the cart before the horse.
If this turned into an added item after a massive overhaul of the system, then ok. That hasn't actually been what most proponents in this thread are pushing though.
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