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The Boss Business Brief with Toby Mathis: TN Tort Reform

June 8, 2011
Small Businesses crave certainly. Known risks can be dealt with. That is why frivolous lawsuits are such a nuisance to small business - because irrational plaintiffs can literally hold a business hostage demanding a "right to a jury trial" or, as many lawyers know "a pull of the jackpot handle".

The issue in tort reform is not limiting a plaintiff's rights to access to the system; rather, it is forcing a plaintiff to act reasonably.

TN is one step closer to getting this done. Something as simple as putting limits on non-economic damages in medical actions may help stimulate the economy. How? Listen to this Boss Business Brief as recent legislative action in TN is discussed.

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