WASHINGTON--(BUSINESS WIRE)--Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), made the following statement today on passage of S.B. 563 to reduce frivolous lawsuits and improve the business climate in the state of West Virginia. The bill was signed by Gov. James Justice on April 24.
“West Virginia continues to make progress in improving its legal climate, and we applaud the legislature and Gov. James Justice for taking action on important reforms this session, including pre-judgment interest and consumer credit protection.
“S.B. 563 will reduce frivolous lawsuits regarding debt collection practices by permitting creditors to remedy violations before debtors resort to litigation. The legislation will prohibit abusive litigation while protecting victims from fraudulent conduct.
“We commend the West Virginia legislature, specifically bill sponsor Sen. Charles Trump, for passing this important legislation.”
ILR seeks to promote civil justice reform through legislative, political, judicial, and educational activities at the global, national, state, and local levels.
The U.S. Chamber of Commerce is the world’s largest business federation representing the interests of more than 3 million businesses of all sizes, sectors, and regions, as well as state and local chambers and industry associations.