Establishes a business court in Iowa to handle complex commercial and business litigation.
The bill creates a business court in Iowa to expedite the resolution of complex commercial and business litigation. The court will have jurisdiction over cases involving compensatory damages of $500,000 or more and claims that arise from technology licensing agreements, internal affairs of business entities, breach of contract, fraud, misrepresentation, shareholder derivative actions, commercial bank transactions, trade secrets, commercial real estate disputes, and business tort claims.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.