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.
Class Action Changes Bring Quick Impact
The National Law Journal
October 10, 2006