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DeLaventura v. Columbia Acorn Trust

417 F. Supp. 2d 147 (2006)

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DeLaventura v. Columbia Acorn Trust

United States District Court for the District of Massachusetts

417 F. Supp. 2d 147 (2006)

Facts

The Judicial Panel on Multidistrict Litigation (panel) was created in 1968. From the time of its creation through September 2004, the panel transferred approximately 211,000 cases to multidistrict litigation (MDL) forums for centralized handling of the pretrial issues in those cases. In September 2004, around 64,000 of those transferred cases were still pending, 136,000 had settled while in the MDL court, and 11,000 had been remanded to their original courts for trial. Based on this information, it could be concluded that MDL cases settled at a rate similar to other cases. However, MDL cases completed pretrial procedures significantly more slowly than other cases, commonly taking years to reach a point at which they were ready for trial. Here, the parties disagreed about whether the case should be transferred to an MDL forum.

Rule of Law

Issue

Holding and Reasoning (Young, J.)

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