Legal
As the nation's legal system continues to spiral out of control and billion-dollar lawsuits become the norm, NFIB is working hard for legal reform in all 50 states. Along with pushing for legislation that abolishes joint-and-several liability and caps excessive punitive damages, NFIB will fight for legal services that level the courtroom playing field for small business. After all, just one frivolous lawsuit can force a small business to close its doors forever.
NFIB strongly opposes H.R. 12, the “Paycheck Fairness Act” because it would impose significant costs upon small business owners who are trying to just stay afloat during these tough economic times.
NFIB supports legislation that would close the EAJA loophole and truly reimburse innocent small-business owners who successfully defend themselves against wrongful government prosecution.
NFIB supports mandatory sanctions for lawyers who bring frivolous lawsuits.
NFIB supports legal reform establishing a product-liability standard that distinguishes sellers from manufacturers and a uniform statute of limitations in product-liability cases.
NFIB supports legal reform that will cap punitive damages at reasonable levels so that small businesses are neither destroyed nor forced to settle out of court under the threat of outrageous punitive damages.
Interested in legal reform issues? Learn how NFIB's Small Business Legal Center actively pursues precedent setting cases to stop small businesses from becoming victimized by frivolous lawsuits and burdensome regulations.