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In Brief: Product liability

This article was originally published in The Rose Sheet

Executive Summary

Product liability: House and Senate conferees reach final agreement March 13 on a legal reform package that sets a 1-year statute of repose on product manufacturer liability. According to a House Judiciary Committee release, other provisions in the final legislation address joint and several liability and would help to ensure that the development and availability of lifesaving health and medical devices is not retarded by an inability of manufacturers to obtain raw materials for such devices due to an unreasonable fear of lawsuits"...
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