Unregulated

Hawaii Eyes Major Reforms to Medical Marijuana Program, Targets Unregulated CBD Sales

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Honolulu, Hawaii – Lawmakers in Hawaii are planning significant reforms for the state’s medical marijuana program and are focusing on regulating illicit cannabidiol (CBD) outlets more strictly. The initiative, steered by State Sen. Jarrett Keohokalole and Health chair Joy San Buenaventura, aims to simplify legal access to medical cannabis while cracking down on unauthorized sellers. The proposed changes mark a shift from previous legislative efforts to legalize recreational marijuana, redirecting attention to enhancing the existing medical framework. Keohokalole emphasized the necessity to guide patients towards legal sources for their medical needs instead of relying on … Read more

Unregulated Lawsuit Lending Industry Sparks Crisis in New York’s Real Estate World

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New York City – An unregulated, multi-billion dollar industry in New York is causing a “crisis” in the real estate world, according to two powerful building and construction groups. The Associated Builders and Contractors (ABC-NYS) and Real Estate Board of New York (REBNY) are calling for reforms to the practice of “third-party litigation lending,” which provides quick cash advances to potential plaintiffs who may not have to repay the money if they lose their lawsuit. “What it’s created is a general liability crisis,” said Brian Sampson, president of ABC-NYS. The groups argue that the industry, … Read more

Unregulated Lawsuit Lending Threatens Fairness and Timeliness in the American Legal System, Urgent Reforms Needed

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New York, NY – The American legal system, symbolized by the iconic Lady Justice statue, is intended to be a fair and even playing field. However, the reality is far more complex, with various factors that favor those with power and resources. One of these factors is the rapidly growing lawsuit lending industry, a shadowy and unregulated practice that poses a threat to the equilibrium of the legal system. Third-party litigation funding (TPLF) is more than just a financial aid for disadvantaged plaintiffs – it has evolved into a dubious influence that often dictates the … Read more