WASHINGTON (Oct. 24, 2003) — Both the Rubber Manufacturers Association and the Tire Industry Association expressed disappointment at the one-vote failure in the Senate to invoke cloture and proceed to consideration of a class action reform bill.
The legislation—a version of which passed the House of Representatives—would have moved most class-action lawsuits from state to federal courts and set further strictures on such suits to ensure that the plaintiffs, not their attorneys, are their main beneficiaries.
“Maintaining the current (class action) system continues to foster a 'jackpot justice' mentality among trial lawyers,” said the RMA in a prepared statement.
Both the RMA and TIA, however, held out hope for the legislation. “There is still some hope for action this year, but if that doesn't happen, we'll try for next year,” said Becky MacDicken, TIA director of government affairs.