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July 20, 2010
Product-Liability
             
 
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Product Liability News

 

Products Liability Filings Remain High But Continue Decline Since 2004 Peak, According to Data from LexisNexis Market Intelligence

After peaking in 2004, the number of total federal products liability lawsuits filed in the U.S. declined by 14% last year and is on pace to decline an additional 16% in 2006. The data was compiled with information gathered from the LexisNexis(R) Market Intelligence database and released today by LexisNexis U.S., a leading provider of information and services solutions.

According to the LexisNexis Market Intelligence report, a gradual rise in federal lawsuits filed under NOS 365 (Nature of Suit 365), the designation for personal injury-products liability claims, began in 2001, when just over 5,000 NOS 365 filings were made. That number grew to more than 13,000 cases filed in 2002, rose to 17,000 in 2003 and then soared to nearly 28,000 lawsuits in 2004. A slight falloff occurred in 2005, when the number of products liability filings declined to less than 24,000, and the year-to-date lawsuits in 2006 are on pace for less than 20,000 cases to be filed this year.

"According to the latest data from Market Intelligence, products liability litigation filings came down a bit in 2005 but are still at very high levels in an historical context," said Mason White, vice president of Market Intelligence at LexisNexis. "The question that legal experts will be attempting to answer in the coming months is whether this recent decline is just a temporary blip or the beginning of a downturn in products liability filings." White pointed out that it has now been nearly 18 months since President Bush signed into law the Class Action Fairness Act of 2005 (CAFA), an ambitious bill that sought to curb abusive class action and products liability litigation. Although most observers don't foresee a substantial long-term decline in products liability cases, some experts hold out the possibility that 2004 was a peak year and that CAFA is helping to produce a slight downturn.

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Did You Know?    
 
 
In 2002, there were an estimated 212,400 toy-related injuries
The individual body parts having the most injuries overall were faces (45,400), heads (27,100) and mouths (16,200). Lacerations, contusions, and abrasions were involved in over half of the total injuries (53%). CPSC has reports of 13 children who died in toy-related deaths in 2002.

 


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News about product liability cases in Florida and nationwide:

Pool Toys Recalled by Wild Planet Toys Due to Risk of Impalement Injury to Children
Wild Planet has received one report of an impalement injury to an 8-year-old girl who landed seat first onto a Jet Streamer left in a swimming...
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Clean Water And Resource Conservation Rank As Top Concerns
"This study illustrates the importance of healthy coastal resources to our nation at the grassroots level," said Jeffrey R. Benoit, director of NOA...
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Orphan drugs: the question of products liability
Orphan drugs, essential for the treatment of persons with rare diseases, generally are unprofitable for manufacturers to develop and market. While ...
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Product Liability Terms

 


Today's Terms

Implied Warranties

Definition:
Not stated outright by the manufacturer or the seller. For example, you might have an Implied Warranty of Merchantability, which promises that your product is good for its ordinary purpose.

Advertising

Definition:
The act of calling something to the attention of the public especially by paid announcement.

Summary Judgment

Definition:
In a civil action, any party may make this procedural motion, after the Discovery phase, to dispose of the suit before trial has begun.

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Product Liability Resources

 


Search Product Liability resources in our resource center:

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Product Liability Hot Topics

 
Topics Related to Product Liability:

  • Automobiles
  • Cribs
  • Strollers
  • Tires

More Product Liability Topics >

Florida Product Liability Attorney

 
If you live in the following cities and need an product liability attorney you should contact our Product Liability Attorney as soon as possible:

  • Apopka
  • Boca Raton
  • Boynton Beach
  • Brandon
  • Clermont
  • Daytona Beach
  • Deltona
  • Dunedin
  • Fort Lauderdale
  • Gainesville
  • Hallandale
  • Hialeah
  • Hollywood
  • Jacksonville
  • Key West
  • Kissimmee
  • Lake Wales
  • Lake Worth
  • Lutz
  • Melbourne
  • Miami
  • Miami Beach
  • Middleburg
  • North Miami Beach
  • Opa Locka
  • Orange Park
  • Orlando
  • Ormond Beach
  • Oviedo
  • Palm Harbor
  • Panama City
  • Pensacola
  • Pompano Beach
  • Port Richey
  • Riverview
  • Tallahassee
  • Tampa
  • Valrico
  • West Palm Beach
  • Winter Park
  • Winter Springs
 


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