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"Getting the Gilded Age All Wrong" »
April 23, 2007
Oklahoma Passes Tort Reform
The Oklahoma legislature last week passed a comprehensive tort reform bill which, among other things:
(1) reforms the rule of joint and several liability among joint tortfeasors;
(2) caps punitive damages in most cases (greater of two times compensatory damages or $500,000);
(3) requires opt-in class membership for most class actions;
(4) restricts the admission of expert testimony and provides standards for the qualification of expert witnesses; and
(5) creates a general immunity for volunteers and charitable organizations.
The measure has been sent to the Governor for approval. Oklahoma's Governor, Brad Henry, has not yet taken a position on the bill.
Cross-posted.
Posted by Jonathan B. Wilson at 02:12 PM
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