Holding the Third-Party Litigation Financing Industry Accountable: AdvaMed Urges Congressional Reform to Protect Patients and Innovation

Washington, D.C. – The U.S. House Oversight Committee held a hearing on September 13, 2023, to address the concerns surrounding third-party litigation financing. AdvaMed and its members have expressed significant worries about the impact of these financing practices. They argue that third-party speculators, along with the attorneys they fund, are taking advantage of the mass tort litigation system, prioritizing their own financial gain over the well-being of patients, medical device manufacturers, and the general public. By investing substantial amounts into advertising campaigns, these attorneys and financial backers can generate a large number of cases, many … Read more

Louisiana Faces New Lawsuit Over Alleged Racial Gerrymandering in Congressional Redistricting

BATON ROUGE, La. – In response to civil rights activists and a federal judge’s order, state lawmakers successfully redrew Louisiana’s congressional map to include a second black-majority district. The aim was to more accurately represent the state’s black population. However, a new lawsuit has now emerged, challenging the legitimacy of the redistricting process. The plaintiffs claim that lawmakers deliberately manipulated the boundaries to consolidate African American voters into two districts, thereby compromising their voting strength. According to those suing Secretary of State Nancy Landry, this action constitutes racial gerrymandering and a violation of the U.S. … Read more

Congressional Dysfunction: House Republicans Take Center Stage in the Most Unproductive Session in 50 Years

Washington D.C. – The 2023 session of the U.S. Congress proved to be one of the least productive in at least 50 years, according to reports. With fewer than 30 bills passed and signed into law by President Biden, the session fell far short of previous years when Republicans held majorities in one or both chambers of Congress and Democrats occupied the White House. Many of the bills enacted in 2023 were considered non-substantive, such as naming Veterans Affairs clinics and creating a commemorative coin for the Marine Corps’ 250th anniversary. One of the main … Read more

Renowned Crypto Advocate John Deaton Steps Up to Testify at Congressional Hearing on Digital Assets

Washington, D.C. – John Deaton, a well-known lawyer respected for his advocacy on behalf of cryptocurrency holders, has volunteered to testify at an upcoming congressional hearing on digital assets. Deaton, who has represented over 75,000 XRP holders in the Ripple case and has been involved in the LBRY.com case, expressed his willingness to participate in this new congressional hearing. The hearing, scheduled for January 10th, is organized by the Digital Assets, Financial Technology, and Inclusion Subcommittee of the House Financial Services Committee. Deaton’s decision to testify stems from his extensive experience in legal battles involving … Read more