logo_sm.gif (4042 bytes)
Your Source for Up-To-Date News and Research on the Collision Repair Industry 

 
Subscribe to INSIGHT Editor's Desk News Alerts
click here to subscribe to the FREE INSIGHT Editor's Desk News Alert Email


lftspace.GIF (57 bytes)
SUBSCRIBERS-ONLY
Today's News
INSIGHT This Month
INSIGHT Archives
Survey Center
Letter to the Editor
Business Tools
Subscription Information
CSI Reporting
Financial Analysis
IRS Audit Guide
Management/
Technical Info

Market Watch Rates
INSIGHT Inside this month's issue...
Feedback
Letter to the Editor
cntspace.GIF (53 bytes)
Tuesday February 8

Class Action Legislation Passes U.S. Senate Judiciary Committee

Class Action legislation, S.B. 5, has passed the U.S. Senate Judiciary Committee by a vote of 13-5. It was reintroduced by Sen. Charles Grassley, R-Iowa, and has 25 co-sponsors.

The measure calls for moving many class-action lawsuits from state courts to federal courts when the amount in dispute exceeds $5 million and when the defendant and the plaintiff live in different states.

The bill was proposed in the 108th Congress but failed due to unrelated amendments. It passed the Senate Judiciary Committee without any amendments.

Sen. Arlen Specter, R-Pa., Senate Judiciary Committee chairman, has said he plans to support a contentious amendment to be offered by Sen. Jeff Bingaman, D-N.M., when the bill goes before the Senate floor for consideration. The Bingaman Amendment would give federal judges guidance for certifying class-action lawsuits based on consumer state laws.

Sen. Bill Frist, R-Tenn., U.S. Senate majority leader, said he will bring the bill to the Senate floor the week of Feb. 7.

Stanton Anderson, U.S. Chamber of Commerce executive vice president, said, "Our request for all those who support it is to support it as is." He added, "We don't need to tinker with it to make it stronger or weaker."

"The Automotive Service Association (ASA) supports class action legislation. ASA believes this legislation will create a healthier environment for small businesses," said Bob Redding, ASA's Washington, D.C., representative. "We encourage repairers to go to the ASA legislative Website and contact their U.S. senators asking them to support this bill when it comes to the Senate floor next week."

©2005 Collision Repair Industry INSIGHT
All Rights Reserved

FEATURED
LINKS:

PPG Automotive Refinish

Akzo Nobel

Sherwin-Williams Automotive Finishes

DuPont Automotive Refinish

Spies-Hecker Automotive Refinish

National Auto Body Council
INSIGHT Supports the NABC!
Do You?