WASHINGTON -- A new study authored by legal experts Theodore Eisenberg and Geoffrey P. Miller debunks the central thrust of the Administration's class action legislation that lawyers are getting richer from big class action lawsuits. "This independent scholarly study strikes a blow against the business lobby's justification for class action reform legislation," said Nan Aron, president of Alliance for Justice. "Big business has spent millions of dollars telling members of Congress and the world that class action litigation and attorney fees have exploded, but this study shows that just isn't true," Aron added.
The business lobby and the Bush-Cheney Administration are aggressively pushing class action reform legislation. The Chamber of Commerce announced that passage of the legislation is its number one legislative priority this year. President Bush frequently mentions class action reform as a key part of his economic recovery plan for the sagging U.S. economy. More than 70 public interest organizations as well as state and federal judges, and state attorneys general oppose the legislation.
Posted by Editor at January 24, 2004 05:16 PM