Class Action Reform Wins Senate Approval
Legislation to reform the class action litigation system finallywon passage in the Senate late last week, after failing in thechamber several times in the past few years.
At press time, it was expected that the measure, known as S. 5,would be moved swiftly through the House, and that it would almostcertainly be signed into law. The measure would give federal courtssole jurisdiction over large, multistate class actions and increasejudicial oversight of settlement agreements.
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