House Passes Sweeping Legal Reform
Last night, the U.S. House of Representatives passed the Fairness in Class Action Litigation and the Furthering Asbestos Claim Transparency Act of 2017, two pieces of legislation that were recently combined, by a vote of 220 to 201 as well as the Innocent Party Protection Act of 2017 by a vote of 224 to 194 writes National Law Journal.
ILR President Lisa A. Rickard, said in a statement that the “House has done its job to ensure that class members get paid first and that plaintiffs’ lawyers only earn a percentage of what class members actually receive.”
The Lawsuit Abuse Reduction Act of 2017 is due for a vote today. This bill would mandate that judges impose monetary sanctions against attorneys who file frivolous cases in federal courts.
