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Friday, May 06, 2016
Ind. Courts - Indiana Chamber magazine features the new commercial courts initiative
The feature story in this month's issue of the Indiana Chamber of Commerce's Biz Voice Magazine is on the new Indiana commercial courts project. Written by Tom Schuman, the long article, titled "Court(ing) Business: Complex Cases to Receive Clear Focus," is well worth reading and is a great addition to the ILB's commercial court resources. The article begins:
When Frank Sullivan, Jr., an Indiana Supreme Court Justice for 19 years and currently a professor at the Indiana University Robert H. McKinney School of Law, speaks about courts, it’s a good idea to pay close attention.
Asked about the importance of the new commercial court pilot project that begins June 1, Sullivan pauses, offering, “States that have the best functioning judicial systems have business or commercial courts of one kind or another. There’s some general consensus around the country that businesses, all other things being equal, are attracted to states that have a well-developed business or commercial court.”
The purpose of the commercial courts (officially outlined by an Indiana Supreme Court order on January 20 of this year; see box on this page) is to achieve fast, consistent and reliable resolution of commercial disputes. In the more than 20 states that have adopted a form of such courts since 1993, those results help bring “confidence and predictability” to the business community.