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The Class Action Fairness Act: What Is It All About?
On Feb. 18, 2005, after the first bill signing ceremony of the year, President Bush approved the Class Action Fairness Act (“CAFA”) by signing it into law. CAFA is part of a goal to restore common sense and balance to America's legal system and end frivolous litigation which, President Bush stated, will include legislation to further reform tort law in the areas of asbestos and medical malpractice. “President Signs Class-Action Fairness Act of 2005,” www.whitehouse.gov/news/releases/2005/02/20050218-11.html.
Prior to becoming law, it passed both the House and Senate by wide margins and is the second law to be passed in recent years to aid in the effort to prevent the abuse of state courts by plaintiffs' counsel. The first was the Securities Litigation Uniform Standards Act (“SLUSA”), which became law in 1998 and was designed to prevent plaintiffs' lawyers from dodging the Private Securities Litigation Reform Act by filing securities fraud suits in state courts.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.