fbpx
News
December 6, 2018

EU Committee Advances Collective Redress Proposal

The European Parliament Legal Affairs Committee advanced a proposal that would allow U.S.-style class action lawsuits across the European Union.

The report passed with 19 yes votes and three abstentions. According to the press release, the Committee “also approved a mandate to start talks with EU Ministers as soon as the latter adopt their position and Parliament as a whole gives its green light.”

In a statement, U.S. Chamber Institute for Legal Reform President Lisa A. Rickard said the report is “poorly written and lacks clear safeguards to prevent fraud and abuse” and urged the European Parliament and Council to “not rush this proposal through the legislative process” without addressing its “critical issues.”

Blog European Parliament Legal Affairs Committee Adopts TPLF Legislative Initiative Report International Initiatives, Third Party Litigation Funding (TPLF) Image of the UK Supreme Court Blog An Update on the Current UK Litigation Landscape: Podcast Review International Initiatives Blog American and European Business Groups Release Joint Statement in Support of EU TPLF Regulation  International Initiatives Blog Third Party Litigation Funding: Buying Trouble Across the Globe International Initiatives, Third Party Litigation Funding (TPLF) Australia Blog Proposed Class Action Reforms In Australia Cause Funders And Lawyers To Race To File Cases International Initiatives, Third Party Litigation Funding (TPLF)

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

Cookie Notice

By clicking “I Accept”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Review Settings