Lawsuit lenders often offer loans to consumers with hidden fees and sky-high interest rates that can range between 60-150 percent annually. To put that in perspective, the average annual percentage rate on a credit card is 13.3 percent.
Louisiana has once again earned the dubious distinction of having the most expensive auto insurance rates in the country.
With astonishing multi-million dollar verdicts being rendered nearly every other week, and laws and judges that seem to give plaintiffs the upper hand in legal proceedings regardless of the facts of the case—it is no wonder that we’ve become a regular on the Hellholes watch list.
Elections have consequences, for better or for worse. And while most voters are focusing on the Presidential election this November, there is another political battle brewing that has the potential to dramatically impact the state of Louisiana’s legal climate.
When it comes to the very important issue of legal reform, we are worlds apart. Despite the fact that residents in both Louisiana and Texas share the common goals of creating jobs and cutting down on lawsuit abuse, we have chosen remarkably different paths to address these issues.
Is Louisiana’s top law-enforcement officer violating the law by hiring private plaintiffs attorneys to pursue litigation on behalf of the state? That’s the fundamental question raised by the recent actions of Louisiana Attorney General Buddy Caldwell.