Seeing as how the United States highly litigious business environment (Krivogorsky) is a major roadblock to adopting IFRS instead of US GAAP, what measures could be put in place to resolve, or at least minimize this issue?

Since rest of the world is moving on with IFRS, it seems to leave the U.S. behind, somewhat, and makes us less appealing to international businesses. IFRS is less complex than the many detailed rules that constitute GAAP, is a global standard as previously mentioned, and has taken measures to prevent some issues that helped create the 2008 global financial crisis. To keep up with the rest of the world, perhaps the U.S. really should consider taking on IFRS, but the risk of business professionals being sued should be addressed.