US class action specialist Cohen Milstein Hausfeld & Toll has struck a deal with insurance provider FirstAssist Legal Protection in the UK to offer after-the-event insurance for cartel claims. The venture, dubbed 'Cartel Key', is the first of its kind in the UK 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 UK.
August 18, 2008 at 11:03 AM
1 minute read
The original version of this story was published on Legalweek
US class action specialist Cohen Milstein Hausfeld & Toll has struck a deal with insurance provider FirstAssist Legal Protection in the UK to offer after-the-event insurance for cartel claims.
The venture, dubbed ‘Cartel Key’, is the first of its kind in the UK 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 UK.
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