Credit: Olivier Le Moal/Adobe Stock 'It's a Bit of Bad Luck for the First Litigants': Claimant Firms, Funders and Defense Lawyers on the Growing Pains of the Netherlands' New Collective Action Regime
Only three of the dozens of cases backed by litigation funders have made it past the first legal hurdle to a trial since the overhaul of the country's collective action regime.
March 12, 2024 at 10:48 AM
7 minute read
Litigation
After the Netherlands overhauled its three-decades-old collective redress system in 2020, it quickly became Europe's prime class action jurisdiction. International funders and boutique litigation firms piled into the country, and around 50 claims were filed in the first two years after the new, opt-out regime was introduced.
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