fbpx
News
December 11, 2018

ILR Says There’s “Room For Serious Improvements” In EU Collective Action Proposal

U.S. Chamber Institute for Legal Reform Senior Vice President for International Initiatives Scevole de Cazotte told Corporate Counsel that “there’s room for serious improvements,” in a bill working its way through the European Parliament that would bring class action litigation to the Continent.

The Parliament’s Legal Affairs Committee advanced the bill last week to the full Parliament and European Council, despite several issues that de Cazotte says can cause “chaos.”  Among these issues are the lack of a certification rule, its failure to ban contingency fees, loose rules for the “qualified entities” that are allowed to bring lawsuits, and the possibility for multiple and overlapping claims that make finality harder to achieve.

In a statement released last week, U.S. Chamber Institute for Legal Reform President Lisa A. Rickard said the proposal “is poorly written and lacks clear safeguards to prevent fraud and abuse.”

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