2014 Oklahoma Products Liability Reform Protects Sellers Significantly. Manufacturers Receive Less Relief.

more+
less-

The Oklahoma legislature passed the products liability reform bill, HB 3365, by supermajorities in both chambers: 69-19 in the House and 34-8 in the Senate. Governor Fallin signed the bill into law May 2, 2014.

Taking effect November 1, 2014, the reform legislation provides substantial protections to sellers from product liability lawsuits. The reform also provides protections to manufacturers; however, those protections are undermined by the statute’s limitations.

Please see full Article below for more Information.

LOADING PDF: If there are any problems, click here to download the file.

Topics:  Internet Retailers, Liability, Manufacturers, New Legislation, Retailers

Published In: Civil Procedure Updates, Products Liability Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© GableGotwals | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »