University of Missouri Law Professor S.I. Strong, guru of international class arbitration, has two new intriguing publications coming out soon. In both works, she discuss the academic debate about the appropriate international arbitration rules for dealing with large groups of similar claims and discuss the ways in which multi-party or representative procedures are likely to evolve outside the United States. Strong examines the [...]
Posts Tagged ‘International Class Action Law’
Strong on the Future of International Class Arbitration
Posted in Articles, Class Action Trends, tagged class arbitration, collective arbitration, international arbitration, International Class Action Law, international class arbitration on November 19, 2010 | Leave a Comment »
Proponents of US-Style Class Actions in the UK Suffer a Setback
Posted in Class Action News, class action reform, Class Action Trends, International Class Action Law, tagged british airways, British class action, class action, collective action, collective redress, England and Wales, International Class Action Law, representative action, UK on November 18, 2010 | Leave a Comment »
(Editor’s note – Revised at 6:26 p.m. MST to include link to the decision. See below) As reported by Jane Croft and Pilita Clark at the Financial Times and Eric Larson at Bloomberg, the Court of Appeal of England and Wales ruled yesterday that an antitrust suit filed by two shipping businesses against British Airways may not go forward as a [...]
Class Arbitration as a Global Class Action Forum? Supreme Court Says No.
Posted in Class Action News, International Class Action Law, Supreme Court Decisions, tagged class arbitration, FAA, federal arbitration act, global class action, International Class Action Law, Supreme Court on May 11, 2010 | 1 Comment »
The Supreme Court recently issued a decision addressing the issue of class arbitration. In Stolt-Nielson S.A. v. Animalfeeds International Corp., No. 08-1198 (April 27, 2010), an antitrust class action involving allegations of illegal price-fixing by international shipping companies, the Court held that an arbitration panel’s decision to force class arbitration was invalid because the arbitration agreement was silent about whether arbitration could proceed [...]
NERA Economic Consulting Reports on Securities Class Action Trends in Australia
Posted in Class Action Trends, International Class Action Law, tagged australia class action, australian class action, Class Action Trends, International Class Action Law, NERA, securities class action on May 6, 2010 | Leave a Comment »
NERA Economic Consulting has published its first study on trends in securities class actions in Australia. The study covers a variety of topics, including numbers of filings, industries targeted, and settlement amounts. However, what I found to be of particular interest is the study’s focus on the impact of private litigation funding.
Get Your Canadian Class Action News Here (Well, Not Here, But…)
Posted in Class Action Decisions, International Class Action Law, tagged canada class action, canadian class action, class actions in canada, International Class Action Law on March 30, 2010 | Leave a Comment »
It’s been a while since his last posting, but Vancouver, B.C. attorney Ward Branch’s latest entry on Class Actions in Canada has been worth the wait. He has a synopsis on what appears to be every Canadian class action decision of note in recent memory. If you’re looking to get up to date on the [...]
International Securities Class Action Trial Begins
Posted in Class Action News, International Class Action Law, tagged class action trial, foreign cubed, International Class Action Law, securities class action, vivendi trial on October 6, 2009 | Leave a Comment »
An international securities class action trial against French media conglomerate Vivendi International started today in the U.S. District Court for the Southern District of New York. For a report on the trial’s first day, see this article by Larry Neumeister of the Associated Press. The case is somewhat unique because the class consists of investors from several European countries, including France, [...]
UK Facing Identity Crisis in Class Action Debate?
Posted in Class Action Legislation, Class Action News, class action reform, International Class Action Law, tagged class action reform, european class action, International Class Action Law, opt out collective action, uk class actions, UK collective action on August 31, 2009 | Leave a Comment »
Anyone interested in curious in an outsider’s critique of the U.S. class action system should be following the debate over the adoption of an opt-out collective action scheme in the U.K. Opponents of opt-out collective actions point to the “looniness” of the American system as a reason why not to adopt a similar scheme. Proponents [...]
Class Actions Finally Come to Italy
Posted in International Class Action Law, tagged european class action, International Class Action Law, italian class action, italy class action on July 9, 2009 | Leave a Comment »
A Securities Docket post today tipped me off to this Reuters article discussing the enactment of “Italy’s first law establishing class actions.” The law will take effect January 2010 and will apply only to conduct occuring after the law’s effective date. At first, I wasn’t sure whether this April 1, 2008, ClassActionBlawg article announcing Italy’s first class action law was [...]
South Korea’s First Class Action
Posted in Class Action Decisions, Class Action News, International Class Action Law, tagged International Class Action Law, securities class action, shareholder class action, south korea, south korea class action on June 25, 2009 | Leave a Comment »
The Korea Times reported today that South Korea’s first ever class action has been given a preliminary approval to move forward, as a local court selected a private equity fund as representative plaintiff. According to the article, the suit is the first filed under a South Korean securities class action law that was passed in 2005. The use [...]
Litigation Funding for Representative Shareholder Actions in India
Posted in class action reform, Class Action Trends, International Class Action Law, tagged associational representation, associational standing, class action india, indian class action law, International Class Action Law, litigation funding, private litigation funding, public litigation funding, representative litigation on June 2, 2009 | Leave a Comment »
According to this article by Anindita Dey of the Business Standard yesterday, an Indian securities regulator has announced plans to fund a program to reimburse litigation expenses actions brought on behalf of investors for alleged illegal securities practices. The fund would be available to a group of registered investor associations who could apply for reimbursement for legal expenses [...]
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