HAHAHAHAHAHA!
WHOO HOO!
Ans: Lawyers
/sarcasm
Has anyone heard John Edwards' response? </s>
WOW ... That was fast .. LOL!!
Even a blind squirrel finds a nut once in awhile.
Go Bush Go
Does anyone know if this bill deals with asbestos and silica class action lawsuits?
Next needed is limits on awards for non-economic damages; i.e. pain & suffering.
Another head-in-the-sand dem with presidential aspirations.
John Edwards is deeply saddened.
Who were the Nay's?
Outstanding!!
can we include the ACLU with this group
Folks are cheering this? Maybe it's just me, but I remember when Conservatives believed in limited federal government and state's rights.
Don't let them get away with the threat of a filibuster again. If they want to be obstructionists, make them lose sleep to do it.
Denny Crane: "There are two places to find the truth. First God and then Fox News."
I would also like to see punitive damages to be awarded to the State.
Translation: companies will be able to get away with small abuses scot-free (what attorneys are going to take cases involving small damages to large numbers of people, if they can't get paid?)
So small abuses (on a large scale) will become common. Companies will screw you in small ways on a regular basis, because they can get away with it. Does that sound like "reform?"
The government has no right to interfere with our right to file lawsuits by preventing us from paying our lawyers!
Class Action Fairness Act of 2004
Bill # S.2062
Original Sponsor:
Charles Grassley (R-IA)
Cosponsor Total: 14
(last sponsor added 06/24/2004)
6 Democrats
8 Republicans
About This Legislation:
2/10/2004--Introduced.
Class Action Fairness Act of 2004 - Amends the Federal judicial code to specify the calculation of contingent and other attorney's fees in proposed class action settlements that provide for the award of coupons to class members.
Prohibits a Federal district court from approving: (1) a proposed coupon settlement absent a finding that the settlement is fair, reasonable, and adequate; (2) a proposed settlement involving payments to class counsel that would result in a net monetary loss to class members, absent a finding that the loss is substantially outweighed by nonmonetary benefits; or (3) a proposed settlement that provides greater sums to some class members solely because they are closer geographically to the court.
Specifies requirements for notices of proposed settlements.
Grants district courts original jurisdiction of any civil action in which the matter in controversy exceeds $5 million, exclusive of interest and costs, and is between citizens of different States, or citizens of a State and a foreign State or its citizens or subjects.
Lists those factors pursuant to which a district court may decline to exercise jurisdiction over a class action, and specifies those circumstances in which a district court must decline jurisdiction.
Sets forth provisions governing the removal of interstate class actions to Federal district court and the review on appeal of remand orders.
Directs the Judicial Conference of the United States to report on class action settlements, incorporating recommendations for best court practices to ensure fairness for class members and appropriate fees for counsel.
Detailed, up-to-date bill status information on S.2062.
https://ssl.capwiz.com/usatoday/issues/bills/?bill=6036236&size=full
YES!!!
Fianlly!!
Thank you President Bush! I'll thank the Senate once it's passed, but thrille dit got out of committee.