Tuesday, October 22, 2013

General Electric reportedly involved in 14,000 lawsuits worldwide

For those interested in the prevalence of "repeat players" in civil litigation, there is some interesting information in the Blog of LegalTimes.   

On Monday, George Mason University School of Law hosted a panel discussion regarding the "Lawsuit Abuse Reduction Act of 2013," a pending U.S. House of Representatives bill.  The BLT cited the comments of General Electric Co.'s litigation chief Bradford Berenson.

Berenson reportedly said that GE "is currently involved in about 14,000 lawsuits globally, about 60 percent of which [i.e., about 8,400] are in the United States." 

This type of data is extremely difficult to glean from public records, so I'm passing it along.

BTW, with regard to the pending bill, Lonny Hoffman has an earlier article, "The Case Against the Lawsuit Abuse Reduction Act of 2011."

http://lawprofessors.typepad.com/civpro/2013/10/general-electric-reportedly-involved-in-14000-lawsuits-worldwide-.html

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Comments

Does GE still include the finance company GE Capital? If so, a large share of the suits may be simple debt collection suits in defaulted loans.

Posted by: ohwilleke | Oct 25, 2013 4:44:24 PM

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