US-style class action disputes took another step towards entering Europe's legal market last week after a groundbreaking shareholder action settlement between Shell and some of its investors.
April 18, 2007 at 10:13 PM
1 minute read
The original version of this story was published on Legalweek
US-style class action disputes took another step towards entering Europe’s legal market last week after a groundbreaking shareholder action settlement between Shell and some of its investors.
The $450m (£229m) settlement, one of the first of its kind in Europe, was between energy giant Royal Dutch Shell and a spread of European investors. Both sides agreed the deal after the European investors opted out of a wider class action by shareholders in the US.
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