Relating to class actions; and declaring an emergency.
Catchline/Summary:
Repeals Oregon Rule of Civil Procedure prohibiting class action for recovery of statutory minimum penalties for violations of Unlawful Trade Practices Act, federal Truth in Lending Act and similar statutes. Repeals Oregon Rule of Civil Procedure prohibiting class action for recovery of statutory minimum penalties for violations of Unlawful Trade Practices Act, federal Truth in Lending Act and similar statutes.
Imposes requirements for recovery of statutory damages for class action lawsuits under Unlawful Trade Practices Act.
Declares emergency, effective on passage.
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HB 2585
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