Class actions may be going global. This session addressed the current waves of new or proposed class action laws outside the US and the compatibility of such actions with European and other civil law jurisdictions. Italy has a proposed law under consideration that is expected to be enacted. France is reported to be reviving a 2007 proposal. Israel, Korea, and Germany created class action rights within the last two years. Even the European Commission issued a “green paper” regarding private enforcement actions in the competition area. There may be a good reason why US law firms have been talking about hanging out a foreign shingle for this purpose.
Region:
China, France, Germany, Israel, Italy, Japan, Netherlands, United Kingdom