Summary

Portrait of Hugo Black Hugo Black Reed v. Steamship Yaka — Opinion of the Court

Thus employers were given every reason to believe they could buy their insurance and make other business arrangements on the basis of the limited Compensation Act liability.' (Footnote omitted.)
Congress, then, deliberately gave employers certain 'counterbalancing advantages' in exchange for imposing on them absolute liability. If these advantages are to be discarded as purely 'superficial,' then the true purpose of the statute was apparently to give an additional remedy to employees while not requiring them to relinquish any existing remedies as part of the bargain.
Source: Wikisource

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