Amends the federal judicial code to revise the process for remanding civil actions involving common questions of fact pending in different districts that the judicial panel on multidistrict litigation transfers to a single district for consolidated pretrial proceedings.
Requires each action, upon a motion of a plaintiff, to be remanded back to the district court from which it was transferred if the panel does not remand the action at or before the conclusion of such pretrial proceedings within five years after the action is transferred.
Directs the district court receiving a remanded action to then schedule the completion of discovery and a trial date in accordance with the civil justice expense and delay reduction plan implemented by the court.
Makes this Act applicable to any civil action pending in a transferee district court on or after August 1, 2010.