Litigation Without Borders

Panko, Ron
January 2009
Best's Review;Jan2009, Vol. 109 Issue 9, p40
Trade Publication
The article reports that Lloyd's of London has organized a program in New York that would address the increase in business liability and litigation around the world. Lloyd's of London chairman Peter Levene said that product recall notices have grown by 50 percent given the fact that fearful consumers have been exercising their rights. According to Kenneth Feinberg, managing partner of Feinberg, wealthy individuals and companies help to fund lawsuits that plaintiffs might not bring.


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