As a result of the implementation of the EU Representative Actions Directive (“RAD”) and the arrival of plaintiff lawyers and profit-seeking litigation funders in Europe, class actions in both the EU and the UK are now taking off. At the same time, several legislative acts that aim to protect consumers are impacting the legal environment for companies doing business in Europe.
European class actions expected to rise as opt-outs become more popular
These statistics are part of the findings from CMS’s European Class Action Report 2021 over the five year period from 2016 to 2020.
