Missouri Business Headlines

House passes punitive damage reforms

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Two legal reform bills that spell good news for business were successfully voted out of the House on April 18.

HB 2119 seeks to fix a problem in Missouri where the possibility of punitive damages is being used to get companies to agree to higher settlement amounts. The legislation would only allow punitive damages in cases where there is clear and convincing evidence of harm without just cause or excuse and a court determines punitive damages may be appropriate.

The House also passed HB 1611. This bill modifies Missouri’s statute of repose laws, giving a plaintiff who has been injured by a product 15 years to file a lawsuit and seek damages.

“The passage of these two bills is an important step toward eliminating the tricks and loopholes that have led to Missouri’s reputation as having one of the worst legal climates in the U.S.,” said Justin Arnold, Missouri Chamber general counsel. “We’d like to thank the Missouri House for making these reforms a priority. Now we urge the Senate to continue moving this legislation forward to help fix our civil justice system and send the message that Missouri is open for business.”

Is improving Missouri’s legal climate important to your business? Let us know why.

For more information, contact Arnold at jarnold@mochamber.com or 573.634.3511.

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