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The Y2K Act

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Citation Edit

The Y2K Act (The Year 2000 Readiness and Responsibility Act), Pub. L. No. 106-37; 113 Stat. 185; 15 U.S.C. §6601 et seq. (July 1, 1999).

Overview Edit

The Act established procedures for lawsuits seeking damages relating to a Y2K problem, and generally was pro-defendant. Significantly, the Y2K Act applies to all lawsuits filed after January 1, 1999, and therefore includes lawsuits filed before the Y2K Act's enactment The Act was Congress' second attempt to address the Y2K problem. The first was the Year 2000 Information and Readiness Disclosure Act in 1988, which provided limited protection to Year 2000 readiness disclosure statements.

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