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June 18, 2019

EU Collective Redress Proposal Provides “Short Leap” To Expanded System

D&O Diary’s Kevin LaCroix said introducing a collective action mechanism, no matter how narrow, would provide “a relatively short leap” to a broad system “despite near-universal disdain for the U.S. style class-actions.”

Though he says collective action systems may be “a necessary consequence of the complex global economy,” he adds that it will eventually “lead to the development of collective redress alternatives in other contexts.” He pointed to the 2014 system installed by France as an example. Within two years, the system “had been amended several times, each time adding provisions expanding the types of disputes for which collective redress may be sought.”

LaCroix quoted U.S. Chamber Institute for Legal Reform President Lisa A. Rickard, who said the proposal “could make the EU a major global hub for abusive litigation.”

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