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Stock impact report

After Approval In Ga., Tort Reform Advances In Texas And S.C. [Forbes]

Atlas Energy Solutions Inc. (AESI) 
Company Research Source: Forbes
But — as is now on display in Georgia, South Carolina, Texas, and elsewhere — a state's legal climate is also a significant driver of the cost of living and doing business in a given state. Tort reform was most recently enacted in March by Georgia lawmakers and Governor Brian Kemp (R). On March 21, Georgia lawmakers enacted Senate Bill 68, tort reform package that aims to make Georgia a less fertile environment for frivolous lawsuits that saddle households and employers with additional costs, while making the state a more costly place in general to live and do business. “We commend the Georgia legislature for taking this crucial step toward creating a more fair and balanced civil justice system for all Georgians,” Tiger Joyce, president of the American Tort Reform Association (ATRA), in a statement. “This bill addresses key issues contributing to Georgia's reputation as a Judicial Hellhole®, particularly problematic ‘phantom' damage awards, and we look forward to Gov. Kemp signing Show less Read more
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