Emerging Issues in Non-Injury Class Litigation Targeting Product Lines

Topics:
Regulatory issues
Tags:
Business Operations,
Class Action,
Litigation,
McGuireWoods
Source:
McGuireWoods

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Overview: Among the most serious challenges an automotive manufacturer can face is class action litigation. The class action procedure potentially aggregates hundreds or thousands of claims, turning what may be serious but routine issues individually into a case with potentially catastrophic exposure. As so-called “mass tort” class litigation has developed, its focus has shifted from personal injury cases, such as the asbestos and tobacco litigation, to cases alleging “diminished value” or purely economic loss. This paper outlines the basic procedural rules for class actions. It addresses the most recent rulings in the multi-district litigation (MDL) In re Bridgestone/Firestone, Inc. Tires Prods. Liab. Litig., pending in the U.S. District Court for the Southern District of Indiana. Finally, it addresses emerging issues in non-injury class litigation targeting automotive product lines.

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Format: WORD | Date: Mar 2002 | Pages: 45


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