Springfield, IL-(Effingham Radio)- The following statement is being released by the Illinois Chamber of Commerce:
“Two years ago, in the waning hours of the lame duck session, Democrats in the General Assembly imposed pre-judgement interest on lawsuits adding immense pressure to defendants to settle cases regardless of the merits of the case. And now, with only days remaining in the spring legislative session, it’s déjà vu with a last-minute amendment adding punitive damages to certain, select court cases. Lawmakers should not upend decades of legal precedent in order to tilt the playing field even more in favor of wealthy trial attorneys. This will further solidify Illinois’ reputation as a poor place to do business and make job creators take a second look at expanding or investing in Illinois.”
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