The United States Senate finally passed a useful piece of legislation yesterday. It's called The Class Action Fairness Act, and it passed 72-26. The democrats had filibustered it in the last Congress. Not so now, with most of the democrats put out to pasture in the last election.
So what's this about?
Mainly it has to do with class action lawsuits. You know, the ones where you get a letter in the mail from an attorney telling you that you're part of a lawsuit over a can opener you bought 15 years ago. The lawsuit is filed in some small, lawsuit-friendly county in Illinois somewhere, and in the end the lawyers make tens of millions of dollars and you get a coupon good for $10 off a new can opener. What a deal, huh? You make lawyers rich and get ten bucks for your trouble.
This new law would require large class-action lawsuits to be bumped up to federal court, eliminating the jurisdiction shopping that goes on and it also reduces the amount of money the ambulance chasers can skim off the top. Naturally, the trial lawyers were none too happy about this.


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