Congress Moves to Revise Class Action Suit.(Statistical Data Included)

Chemical Market Reporter, August, 1999

House Judiciary Committee approves legislation favoring federal courts over state ones. THE HOUSE JUDICIARY Committee has approved, 15-12, a bill intended to make it easier to transfer class action lawsuits out of state courts and into federal ones, where businesses are likely to benefit from more impartial judges and juries.

Chemical Manufacturers Association and other business groups say the legislation is needed to address class action abuses in state courts. "Class actions are a growing and costly litigation nightmare for US corporations, including those in the chemical industry," says CMA senior counsel Don Evans. "In just the past few years, the number of class action lawsuits has increased dramatically. The increase has occurred almost...

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