Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Elsewhere who wrote (13425)	10/22/2003 4:10:57 PM
From: John Carragher	Read Replies (2) \| Respond to of 793717

Senate buries class action bill Democrats use procedural motion to block vote on whether the measure should be brought to the floor. October 22, 2003: 1:46 PM EDT WASHINGTON (Reuters) - The Senate Wednesday refused to consider a bill aimed at limiting class action lawsuits, handing a victory to trial lawyers over corporate interests who have sought the legislation for years. The Democratic minority in the Senate used a procedural motion to block a vote on whether the measure, championed by President Bush, should be brought to the chamber's floor for consideration. The mostly Republican backers of the bill needed 60 votes to clear the procedural hurdle; they gathered only 59, with 39 senators voting against them. The blocked measure would have taken most large class action lawsuits out of state courts and moved them to more restrictive federal courts.