CAFA compromise contemplated

Reports from Capitol Hill indicate that Congress may be ready to pass a version of the filibustered Class Action Fairness Act (Oct. 21, Sept. 28, etc.) early next year after alterations to bring aboard three Democratic Senators who had supported the filibuster, Chris Dodd of Connecticut, Mary Landrieu of Louisiana and Chuck Schumer of New York. We haven’t had a chance to check the details of how good the resulting bill is, but one circumstance speaks strongly in its favor: Ralph Nader is really upset. (Charles Hurt, “Revised lawsuit-reform bill wins Democratic converts”, Washington Times, Nov. 27; Joseph Straw, “Nader slams Dodd?s class action reform act”, New Haven Register, Dec. 3; Bruce Alpert, “House, Senate avoid gridlock” (Landrieu), New Orleans Times-Picayune, Dec. 1). See also John Godfrey, “US Senate Democrats Seek To Revive Class-Action Bill”, Dow Jones/Yahoo, Nov. 17 (Sen. Jeff Bingaman, D-N.M., also said to be open to compromise).

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