House Judiciary Committee endorses bill to establish Commerce Courts
Authorizing the creation of commerce courts in the Superior Court and Court of Common Pleas, House Bill 323 would allow for the expansion of the successful Commerce Court programs in the Philadelphia and Allegheny County Courts of Common Pleas, providing for dedicated judges to hear and rule on commerce and industry cases.
Passage would enable the specialized courts to handle complex business cases, including acquisitions, mergers, dissolutions and liquidations, in turn paving the way for improved economy in the Keystone State.
“Businesses are willing to locate themselves where they can trust the integrity and predictability of the legal system,” Grove said. “My legislation would improve Pennsylvania’s business climate by creating a transparent and effective judicial system. This will lead to more businesses and more importantly jobs in the commonwealth.”
Grove cited Delaware as a proven example of successful commerce court implementation. Acknowledging that businesses may not always agree on outcomes, the Congressman praised the larger benefits of establishing a transparent and efficient process to encourage business growth.
“Pennsylvania businesses and…owners will benefit from the creation of a specialty court staffed by judges who are well versed in both the substance and nuances of commercial law and business practice,” York County business attorney Neil Slenker of the firm Stock and Leader said. “I applaud Representative Grove’s efforts to improve the business climate in our state by establishing a commerce court in the Commonwealth of Pennsylvania.”
The legislation now goes to the House of Representatives for consideration.