The Class Action Fairness Act of 2005 has had a swift and significant impact on the nature of class actions filed in, or removed to, federal court — including a sharp increase in contract and tort class actions, according to a recent report by the Federal Judicial Center. “Often it takes time for a law’s impact to play out. But we saw it in just four and a half months after the effective date. This was particularly dramatic,” said senior researcher Thomas E. Willging of the center.
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Posted on Tuesday, October 10th, 2006. Filed under: Business Law, Law Misc
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