Business Services Industry
Delay on vote may improve class action bill's outlook.(News)
Business Insurance, June, 2004
Byline: MARK A. HOFMANN WASHINGTON-Supporters of class action reform are hopeful that the Senate's delay in considering a major reform bill will actually help their case. Senate Majority Leader Bill Frist, R-Tenn., had initially scheduled a June 1 vote on whether to invoke cloture and limit preliminary debate on S.
2062, the Class Action Fairness Act. The bill would, among other things, allow the removal to federal court from state court of certain class actions involving defendants and plaintiffs from different states. But several Democratic supporters of the bill said that they would vote against cloture unless work had been completed on an unrelated defense authorization bill. Without the support of the Democrats, the bill would have fallen far short of...
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