This report is provided by BRC Associate Member, CMS.
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Data-driven insights into class action risk across Europe, a key concern for major corporates.
Analysing data from class action proceedings across Europe from the past five years, this report maps a true picture of class action risk for international businesses. Now in its fourth year, the CMS European Class Action Report 2024 shows further growth in the overall number of class actions, and with it, increased quantum.
Features of the 2024 Report:
- Quantum: This year, we have collected and analysed significant quantities of quantum data from Portugal, in addition to reporting on the UK and Netherlands.
- Risk map: Class action risk in Europe is unevenly distributed between jurisdictions. Our risk map gives an ‘at a glance’ picture of the current class action risk across the continent.
- Country spotlights: We focus on the UK, the Netherlands and Portugal, where the risk remains high, as well as summarising the growing regime in Scotland. Our authors also provide a European-wide perspective on the Representative Actions Directive.
- Future risks:
- Funding of group claims: A middle way
- NGO litigation
- The EU Product Liability Directive (PLD)