Class Action Reform Wins Senate Approval
Legislation to reform the class action litigation system finally won passage in the Senate late last week, after failing in the chamber 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 almost certainly be signed into law. The measure would give federal courts sole jurisdiction over large, multistate class actions and increase judicial oversight of settlement agreements.
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