More on California Bounty Hunting
Walter Olson has a post on California Prop 79, which
contains a sneaky, little-discussed provision that will empower trial
lawyers to file bounty-hunting suits against pharmaceutical companies
if the companies charge prices "that lead to any unjust and
unreasonable profit", with a minimum $100,000 plus fees guaranteed to
plaintiffs if a jury agrees that they have proved this (very hazily
defined) offense.
He has a roundup of posts on other California bounty-hunting laws. I knew about a few of these, but the list is a lot longer than I suspected.
