Sunday, April 24, 2005

Chamber to France: nix class-action suits - (United Press International)

Chamber to France: nix class-action suits - (United Press International): "Paris, France, Apr. 13 (UPI) -- A U.S. Chamber of Commerce official in Paris Wednesday warned French business and political leaders not allow U.S.-style class action lawsuits.

'The American class action system has turned into a litigation 'business' designed to squeeze money out of companies, whether or not those companies have really done anything wrong,' said U.S. Chamber Chief Legal Officer Stanton Anderson at a conference sponsored by the Paris Chamber of Commerce and and a French business lobbying group." (Full story at link)

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