U.S. Chamber Institute for Legal Reform's 2017 Lawsuit Climate Survey: Delaware Falls from 1st to 11th Place

WILMINGTON, Del., Sept. 12, 2017 /PRNewswire/ -- Citizens for a Pro-Business Delaware Campaign Manager Chris Coffey made the following statement after the U.S. Chamber of Commerce dropped Delaware more than 10 spots in its latest Lawsuit Climate Survey. 

"According to the U.S. Chamber of Commerce, one of the key metrics to measure the strength of Delaware's business climate has dropped precipitously in 2017.  This shows what we have been saying for months, that the TransPerfect case and other similar cases are having a serious impact on Delaware's standing as a business-friendly state.  Delaware's economy cannot afford to lose its incorporation industry and the billion dollars in revenue it adds to the state's economy. There is more room left to fall if the Delaware Court does nothing to stop thousands of American jobs from going overseas."

• According to the U.S. Chamber of Commerce's 2017 "Lawsuit Climate Survey: Ranking the States", Delaware dropped from first to 11th place and is ceding the top spot for the first time in the report's 15-year history.
• 85% of respondents reported that a state's litigation environment is likely to impact important business decisions, such as where to locate or do business
• Likelihood to impact important business decisions increased from 75% in 2015 and 70% in 2012

Citizens for a Pro-Business Delaware is a group made up of more than 2,200 members including employees of the global translation services company TransPerfect, as well as concerned Delaware residents, business executives and others. They formed in April of 2016 to focus on raising awareness with Delaware residents, elected officials, and other stakeholders about the issue.

For more information on Citizens for a Pro-Business Delaware visit DelawareForBusiness.org.

Contact: Mary Urban, [email protected]

SOURCE Citizens for a Pro-Business Delaware

Related Links

http://www.delawareforbusiness.org