‘Plaintiffs’ lawyer paradise:’ IL lawsuit-friendly courts jack up costs, report says – Legal Newsline

The U.S. Chamber of Commerce's Institute for Legal Reform said in its report, "Illinois’s laws have not kept up with the times and subject businesses to excessive liability. The costs of this environment are borne by Illinois residents. ... A liability system that is perceived as unpredictable and unfair drives businesses away from investing in the state and weakens Illinois’s economic competitiveness."
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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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