SB8 Alabama 2013 Session

Sponsors

Session

Regular Session 2013

Title

Class action lawsuits filed in Alabama, plan for undistributed funds to be distributed to Child Abuse and Neglect Prevention Department if class members cannot be located, or if distribution to class is not economically feasible, or if class members do not make a claim to the class funds

Description

This bill would provide that all settlements or orders entering judgment in a class action lawsuit filed in Alabama and governed by Alabama law that results in the creation of a common fund for the benefit of a class shall establish a plan for determining the distribution of the residual remaining funds to the Department of Child Abuse and Neglect Prevention and the timing of such distribution.

Relating to the distribution of excess funds created pursuant to a class action lawsuit filed in Alabama; to provide that all settlements or orders entering judgment in a class action lawsuit filed in Alabama and governed by Alabama law that result in the creation of a common fund for the benefit of a class shall establish a plan for determining the distribution of the residual remaining funds to the Department of Child Abuse and Neglect Prevention and the timing of such distribution.

Subjects

Civil Procedure