Wednesday, April 07, 2004

NO INDIVIDUAL RESPONSIBILITY IN NEW YORK

What goes through the heads of these morons? They can't all be lawyers. It must just be a hatred of all businesses

The trial lawyers are close to completing an impressive achievement here in New York state; destroying yet another industry in their pursuit of easy money. Supported by stalwart figures like Sheldon Silver, Speaker of the NYS Assembly and himself a partner in a firm of trial lawyers, the plaintiff's bar has been successful in keeping NYS' "vicarious liability" law on the books. This law makes leasing companies and car rental firms 100% liable for damages or injuries caused by the vehicles they own. As a result of this law (among others), there are only 50 independent car rental firms left in NYS, down from an estimated 400 two years ago. In addition, it is now nearly impossible to lease a car in this state, because most of the major auto leasing companies have pulled out of the state.

Via Spartacus

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