This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Legal Costs Must Not Be Cut At The Expense Of Access To Justice

"I find it hard to accept that a responsible Government would react in such an irrational and indiscriminate way to a legitimate legal challenge. I can only hope that the reports are unfounded, as such a move would amount to a side-swipe at injured people as punishment for an attempt to exercise our democratic right to scrutinise our Government, which is a fundamental part of the rule of law."

Karl also used his address to take the Government to task over another of its "rushed and dangerous" reforms, namely those proposed in the Enterprise and Regulatory Reform Bill. "A late amendment was brought forward without any consultation, which seeks to change the law, the Health and Safety at Work Act 1974 relating to compensation for accidents at work, by removing civil liability for breach of regulations," he said. "That effectively takes the legal position back to how it was at the end of the 19th century."

Karl said despite intentions, the proposed change would affect every future claim for compensation for an accident at work. "The Government's own impact assessment identifies that it had two options - to do a proper job and look at each and every provision relating to strict liability; or to take the simple (and I would say lazy and reckless) approach, which will affect tens of thousands of cases, tilting the playing field in favour of employers, who hold all the cards, and against vulnerable workers, who hold none.

"If the Government's proposal goes through, an injured worker will have to gather the evidence they need to prove that their employer has been negligent. How can they be expected to do that when the employer holds all the knowledge about the firm and the worker holds none? What if the injured person was rendered unconscious in the accident and can't recollect what has happened? What if they were killed in the accident and their family have to gather the evidence? How is that fair?"

2 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,356.87 +288.00 1.69%
S&P 500 2,012.89 +40.15 2.04%
NASDAQ 4,644.3120 +96.4780 2.12%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs