TITLE

Foreign executives press for reform of litigation in United States

AUTHOR(S)
Swanson, Ian
PUB. DATE
May 2007
SOURCE
Hill;5/18/2007, Vol. 14 Issue 60, p11
SOURCE TYPE
Newspaper
DOC. TYPE
Article
ABSTRACT
The article focuses on the concerns of various executives of foreign companies who had invested in the U.S. The executives view that the threats of class-action lawsuits is a serious disincentive of conducting business in the U.S. According to Gary Elliot, chairman of ThyssenKrupp USA Inc., litigation is a major business expense in comparison to Europe. Moreover , several executives are concerned about the moodiness of the U.S. Congress on trade issues.
ACCESSION #
25290925

 

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