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, group, and other representative action litigation:
- Third party litigation funding
- Transnational class actions
- International forum shopping
The report offers insights into developments in these areas and tips for businesses in dealing with the prospect of international litigation. The report does not provide an exhaustive analysis of these topics, but it serves as a good primer into the types of issues with which business should be familiar relating to international class actions and similar litigation.