New York City Rescue Plan Signed By Governor Carey
Gov. Hugh Carey signed a 2.3 billion rescue law to avert NYC default and stabilize finances. He outlined talks with banks and insurers for a 250 million funding share, with 100 million from commercial banks and MAC bonds aiding bills, while a new advisory board would oversee city finances.
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California trial lawyers predict unconstitutional malpractice bill
Elmer Low of the California Trial Lawyers Association says proposed medical malpractice legislation would be challenged in court as unconstitutional due to unequal protection for victims and special doctor immunity. He cites pain and suffering limits and arbitration provisions, and says consent forms could force patients from trial by jury.
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California Trial Lawyers Association
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