Monday, June 25, 2007

The "$54 million Pants" Lawsuit is Dead

Delighted to see that the famous $54 million lawsuit against a Washington, D.C. dry cleaners ended in a victory for the defendants. This gained national publicity as the epitome of a junk lawsuit, and a ruling in favor of the plaintiff's would have been used by advocates of so-called "tort reform" to further cut back on legal protections for the public.

The irony is that consumers actually make inadequate use of small claims courts to enforce their rights. Lawsuits like this give the entire system a bad name, and are losers for all concerned.

© 2007 Gary Weiss. All rights reserved.

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Wall Street Versus America was published by Penguin USA on April 6.
Click here for its Amazon.com listing and here for more information on the book, from my web site, gary-weiss.com.

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