U.S. class action specialist Cohen Milstein Hausfeld & Toll has struck a deal with insurance provider FirstAssist Legal Protection in the U.K. to offer after-the-event insurance for cartel claims.

The venture, dubbed “Cartel Key,” is the first of its kind in the U.K. and will insure clients affected by cartel claims against the risk of adverse costs, which have traditionally prevented civil cartel claims from arising in the U.K.

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