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Trends in collective redress across Europe: Legal finance as a tool for institutional investors and commercial claimants

December 30, 2022
Philipp Leibfried & Jörn Eschment & Charlie Rooke
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Summary

With European regulators increasingly cracking down on anticompetitive behavior, and instances of largescale fraud and corporate misconduct likely to be unveiled by a down economy, collective actions are an important mechanism for commercial parties to seek redress.

While opt-out style class actions are a mainstay of the US litigation landscape, collective action regimes across Europe and the UK take many different forms, and at present there is very little harmonization across jurisdictions. However, the implementation of …

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