Germany up to this point does not offer claimants a true US- or UK-style class action regime – a situation that is felt especially in the context of seeking compensation for cartel damages. Claimants have therefore found other ways to join forces and bundle their claims. The most notable method is the so-called assignment model, where claimants, whether corporate or private, assign their claims to a SPV / claim vehicle. The claim vehicle will then sue in its own name seeking compensation for the entirety of the claims. This method comes with simplicity and complexity at the same time: it makes life easier in court where then only one party is acting as plaintiff instead of hundreds or thousands of claimants. It makes things more complex, however, when trying – and often failing – to
The German Federal Court of Justice decides that the bundling of claims was admissible through a legal service provider causing the judgment to receive a lot of attention from the competition litigation community (Air Berlin)
L'accès à cet article est réservé aux abonnés
Déjà abonné ? Identifiez-vous
L’accès à cet article est réservé aux abonnés.
Lire gratuitement un article
Vous pouvez lire cet article gratuitement en vous inscrivant.