Iowa High Court Exposes Pharma “Innovator Liability” for What It Is: Deep Pocket Jurisprudence
Forms of deep-pocket jurisprudence have pervaded and distorted tort law for more than a century. The Supreme Court of Iowa brought the misplaced predicate of “deep pocket” liability into the open, condemned it, and reminded us that sound public policy should guide tort law. The U.S. Court of Appeals for the Sixth Circuit reminded judges of their responsibility to follow the appropriate state jurisdiction’s law, not personal views of maverick tort theories. Both courts are to be commended.