ALI's "Principles of the Law of Aggregate Litigation"

The American Law Institute, which publishes the various Restatements, is now working on a project called "Principles of the Law of Aggregate Litigation." Here is the project's statement of purpose:

Purpose: This project aims to supply up-to-date coherence to the law of aggregate litigation, which has changed significantly in recent years. In addition to formal aggregation in litigated settings, such as with class actions, this project addresses a broader array of cases that are bundled together and settled or tried to test the value of related claims.

Several drafts have been prepared and the latest one, Discussion Draft No. 2 (April 6, 2007), is available for purchase at ALI's website. I have not seen a copy of the draft so I can't comment on it, but this is a project that's worth knowing about and following.