Lawyers and Lawsuits Funders in the EU Get Ready to Deal With Boost in Class Actions

Law office and lawsuits funders are contending to make the most of a boost in cumulative redress treatments that brand-new EU legislation on group lawsuits is anticipated to produce.

Embraced in the wake of the Dieselgate emissions scandal, the EU’s representative actions regulation needs all 27 EU nations to put in location a legal structure that permits not-for-profit entities such as customer organisations to submit cross-border cumulative actions in mass damage scenarios, while nations that do not yet have a group lawsuits treatment in their nationwide laws will require to present a minimum of one.

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