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Class
Action Fairness Act: Two years Later 2-14-07 - MP3
On February 18, 2005 President Bush signed the Class Action Fairness-
Act into law. Two years later -- on the Second Anniversary of the
Acts passage - this panel will consider the following questions.
Has the act lived up to its name and restored fairness
to the class action mechanism, or is there still more work to be
done? Has expanded federal jurisdiction reduced forum shopping and
the influence of so-called magic jurisdictions? Has
the Consumer Class Action Bill of Rights improved the quality of
class action settlements, particularly settlements composed, in
whole or in part, of coupon compensation? Have the first
two years of experience exposed any notable ambiguities or weaknesses
in the act? How have the courts responded? Are the problems identified
to date amenable to judicial resolution or is additional legislative
action required?
Panelists include:
- John Beisner, O'Melveny & Myers
- Theodore H. Frank, American Enterprise Institute
- Michael D. Hausfeld, Cohen, Milstein, Hausfeld &
Toll
- John J. Stoia, Jr., Lerach Coughlin Stoia Geller Rudman
& Robbins
- Charles E. Stuckey, State Farm Corporate Law Department
- John T. Delacourt, Kelley Drye Collier Shannon, Moderator
Date: Wednesday, February 14, 2007
Location: National Press Club
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