ATRA meaning in Accounts and Finance ?

Answer:

What is American Tort Reform Association mean?

The American Tort Reform Association (ATRA) is a nonprofit, nonpartisan organization dedicated to reforming the civil justice system and advocating for tort reform. It is a nationwide network of state-based liability reform coalitions with 142,000 grassroots supporters. It was founded in 1986 by the American Council of Engineering Companies and was joined shortly thereafter by the American Medical Association.

Its membership consists of more than 300 nonprofits, small and large businesses, corporations, municipalities, state and national trade and business associations, and professional firms.

The ATRA supports an agenda to increase public awareness of, and suggest changes in, the manner in which tort litigation is conducted in the United States. Some of these proposed changes would effectively limit the ability of tort plaintiffs to recover against tortfeasors. Examples include:

Limitations on liability for medical malpracticeAbolition of the rule of joint and several liabilityAbolition of the collateral source doctrineLimitations on punitive damagesLimitations on noneconomic damagesChanges in products liability lawGreater skepticism in the admission of expert testimonyStopping so-called "regulation through litigation"Promotion of jury service

ATRA is trying to reform the following aspects of the civil legal system: appeal bonds, class action lawsuits, contingent fees, forums and venues, joint and several liability, judgment interest, jury service, medical liability, noneconomic damages, phantom damages, product liability, punitive damages, and teacher liability protection.

ATRA has identified attorney misconduct as a part of the problem with the tort system and displayed a billboard targeting a particular "unethical lawyer."

At the end of every year since 2002, ATRA publishes its annual Judicial Hellholes report, which is a list of locales that ATRA calls the worst courts in the United States. The 2019-2020 report lists the Philadelphia Court of Common Pleas as the worst court in the country. Prior to 2020, the No. 1 Judicial Hellhole according to ATRA was the state of California. The other "judicial hellholes" listed in the 2019-2020 report were California; New York City; Louisiana; the City of St. Louis, Missouri; Georgia; Cook, Madison and St. Clair Counties in Illinois; Oklahoma; the Minnesota Supreme Court and the Twin Cities; and, the New Jersey Legislature.

ATRA also awards the Civil Justice Achievement Award annually. Winners include Charlie Ross, Walter Olson, Paul Coverdell, Bill Pryor, and John H. Sullivan.

reference

Full Form	Category
All Trans Retinoic Acid	Academic & Science
American Tort Reform Association	Accounts and Finance
The Automatic Transmission Rebuilders Association	Business
American Thailand Ridgeback Association	Business
Alternative Transportation Recreational Association	Business
American Therapeutic Recreation Association	Business
Arizona Tax Research Association	Community
Arkansas Teenage Rodeo Association	Community
American Trail Running Association	Community
Afghan Telecommunications Regulatory Authority	Country Specific
Attention Thieving Rabid Anteater	General
Advanced Transit Association	General
Auto and Truck Recyclers Association	General
Australian Tire Recyclers Association	General
Automatic Transmission Rebuilders Association	General
Alabama Towing and Recovery Association	General
Alberta Tobacco Reduction Alliance	Governmental
American Tax Relief Act	Governmental
American Taxpayer Relief Act	Governmental