Class Action Regime Modern class action litigation began with the United States’ 1966 adoption of amendments to the Federal Rules of Civil Procedure which more efficiently allowed for claims to be pursued, in appropriate circumstances, on behalf of other similarly situated individuals. In the intervening years, the class action device has flourished in the U.S., and has become a leading source of litigation risk to businesses of all types. (Note: the class action device is distinct from, and presents different considerations than, other types of multiparty litigations in the U.S., such as mass actions.)
Please see full publication below for more information.
