Lloyd’s, in cooperation with RAND Europe and the RAND Institute of Civil Justice (ICJ), has issued an intriguing report on trends in transnational class action litigation and related topics entitled Litigation and Business: Transatlantic Trends. The report covers three hot topics that will be of interest to anyone following developments in transnational and global class, [...]
Posts Tagged ‘transnational class action’
Lloyd’s/RAND Report Covers Key Trends in International Class Action Litigation
Posted in Class Action Trends, International Class Action Law, tagged International Class Action Law, international forum shopping, third party litigation funding, transnational class action on November 25, 2008 | Leave a Comment »
Second Circuit Unwilling to Reject “Foreign Cubed” Class Actions Categorically
Posted in Class Action Trends, Commentary, Federal Court Decisions, International Class Action Law, tagged 10b-5, conduct test, effects test, foreign cubed, International Class Action Law, morrison v. national australia bank, transnational class action on October 28, 2008 | 10 Comments »
For those interested in the internationalization of class action law, be sure to read the Second Circuit’s decision in Morrison v. National Australia Bank Ltd., 2008 WL 4660742 (2d Cir. Oct. 23, 2008). (Thanks to The 10b-5 Daily and Point of Law for tipping me off to the decision). I have previously commented on the trend in efforts [...]
UK Pension Funds an Increasingly Key Player in Securities Litigation Abroad, Association Reports
Posted in Class Action Trends, International Class Action Law, tagged european class action law, International Class Action Law, pension fund litigation, securities class action, transnational class action, UK class action on September 24, 2008 | Leave a Comment »
Wales Online reported today on the increasing number of UK pension funds taking part as a lead plaintiff or “active participant” in securities class actions, which have to be pursued in other countries since the UK does not currently have a class action procedure. The data comes from the National Association of Pension Funds, a UK [...]
Not So Fast: The Push to Internationalize Securities Class Actions Hits a Bump in the Rue
Posted in Class Action Trends, Federal Court Decisions, International Class Action Law, tagged france collective action, french collective action, full faith and credit, international class action, preclusion, res judicata, securities class action, transnational class action on September 8, 2008 | 1 Comment »
In late July, I commented on a possible trend in courts allowing foreign investors to be included as class members in securities class actions filed in U.S. courts. At the time, the primary decision allowing foreign investors to be included in an opt-out securities class was In re Vivendi Universal, S.A. Sec. Litig., 242 F.R.D. 76 [...]
PR Campaign in Société Générale Class Action Reflective of Trend Toward Transnational Classes
Posted in Class Action News, Class Action Trends, International Class Action Law, tagged French law, International Class Action Law, lerach, preclusion, res judicata, securities class action, securities fraud, transnational class action on July 31, 2008 | 6 Comments »
As reported this morning on NPR’s Morning Edition, the New York Times, and the Wall Street Journal’s Deal Book blog, among other news sources, the firm of Coughlin Stoia Geller Rudman & Robbins, recently named as lead counsel in a securities class action against French bank Société Générale, has sent a group of lawyers across the pond [...]


Class Action Blogosphere Weekly Review
Posted in Class Action Decisions, Class Action News, Class Action Trends, International Class Action Law, Other class action blogs, Reports and Surveys, tagged CAFA, class action commentary, Class Action Decisions, Class Action Fairness Act, Class Action News, Class Action Trends, class certification decision, ERISA Class Action, International Class Action Law, securities class action, transnational class action on November 29, 2008 | Leave a Comment »
CABWR Challenge of the Week Recap I’m very disappointed to have to report that last week’s “Lay Down the Gauntlet” Challenge of the Week did not generate a single vote or comment. This means that I must arbitrarily assign a label for class actions filed against institutional investors for failing to make a claim in another [...]
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