After the $54M Dry Cleaner Lawsuit

Tort reform advocates cite small-business legal woes in their push to reduce lawsuits. But entrepreneurs aren't worried, research suggests

Advocates for so-called tort reform rejoiced when a Washington, D.C., judge ruled last month in favor of a family-owned dry cleaner fending off a $54 million lawsuit filed by a disgruntled customer who claimed the cleaners lost his Hickey Freeman pants. The U.S. Chamber of Commerce Institute for Legal Reform issued a statement that said the case "proves that the system is truly broken and in bad need of repair." The American Tort Reform Assn. issued another that said the District of Columbia needs to "make it a lot harder for lawsuit extortionists to shake down law-abiding small businesses."

To continue reading this article you must be a Bloomberg Professional Service Subscriber.