Is Europe set for a spate of US-style class actions? Some US firms certainly think so and are targeting London accordingly. Will you welcome them with open arms or do you dread the rise of a compensation culture?
May 23, 2007 at 08:00 AM
1 minute read
The original version of this story was published on Legalweek
Is Europe set to adopt the infamous class action culture of the US? Recent moves by the European Commission on collective redress and the Office of Fair Trading encouraging private enforcement of competition regulations suggest that the long-awaited shift is starting to gather pace.
And with US firms like Cohen Milstein and Skadden positioning themselves for an upturn in group actions in Europe, some have clearly made up their minds already.
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