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European CEOs: Litigation deters investment in US

Miller, Zin [Smati] and 16 other CEOs are in town for a conference organized by the Organization for International Investment (OFII). The group met Thursday with Treasury Secretary Henry Paulson, Democratic Caucus Chairman Rahm Emanuel (Ill.) and Sens. Trent Lott (R-Miss.) and Jeff Bingaman (D-N.M.). They told a handful of reporters on May 16 that litigation is a greater disincentive to doing business in the U.S. than fears that a protectionist Congress might impose new barriers to foreign trade and investment.

(The story does not identify who "Miller" is.) (Ian Swanson, "Foreign executives press for reform of litigation in United States", The Hill, May 17) (via Childs).



Rafael Mangual
Project Manager,
Legal Policy

Manhattan Institute


Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.