The Class Action Fairness Act of 2005 (CAFA), enacted last month, will effect large scale changes to class action proceedings in the United States. This landmark reform legislation is expected make it more difficult for plaintiffs to proceed with large class actions in state courts, expand federal court diversity jurisdiction and to ensure that settlements serve the best interests of class members.

At this seminar, Kelley Drye Litigation Partner Robert Crotty will address the key parts of the CAFA statute, including the new definition of “mass action,” what types of class actions will be affected under the Act, and other issues expected to arise, as well as recent changes to the related SEC and insurance landscapes.

In accordance with the requirements of the New York State Continuing Legal Education Board, this non-transitional continuing legal education program is not approved for the newly admitted attorney within the first two years of admission to the Bar.

The Class Action Fairness Act of 2005 and Other New Developments in Class Action Procedure