International

There are troubling signs that U.S.-style class action systems are spreading globally. Almost every EU Member State, Canada, Japan, Korea, Hong Kong, Australia, Brazil, Chile, Argentina, and Mexico—to name a few—have all considered or already allow some form of class actions. While these proposals are not identical to the U.S. system, they can create opportunities for similar abuses, such as settlements that unfairly benefit lawyers rather than claimants.

Click below for detailed information on our work outside the United States:

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Europe

Research

The Growth of Collective Redress in the EU: A Survey of Developments in 10 Member States

March 21, 2017 | This paper examines the 'state of play' of collective redress in 10 Member States in the EU and suggests minimum necessary safeguards to prevent litigation abuse taking hold in Europe.

Before the Flood: An Outline of Oversight Options for Third Party Litigation Funding in England & Wales

April 18, 2016 | This paper examines the ethical and practical concerns that are emerging from the significant expansion of third party litigation funding (TPLF) in the UK, and underscores the need for government oversight of the practice.

All Results for International

Customers Sue Funder Alleging Excessive Interest Rates

May 10, 2017 | News and Blog

Six former Oasis Legal Finance customers are suing the company, asking "a federal judge to declare the interest rates charged by the company in violation of the lending laws of the state," writes Forbes/Legal Newsline. Read More »

In the News Today - May 10, 2017

May 10, 2017 | News and Blog

The American Bar Association called on Congress to pursue national data protection standards for companies that handle consumers' financial data. "It's time to get serious about building a security infrastructure that brings banks, payment networks and retailers together," ABA said. "It's time to pass a strong, consistent national standard for fighting data breaches." Read More »

The ILR Research Review - Spring 2017

May 08, 2017 | Research

This edition of the ILR Research Review offers valuable insights from ILR's recent research on the latest trends in litigation and the tactics and strategies entrepreneurial plaintiffs' firms are using to expand their business models and bring more lawsuits in local, state, federal, and international courts. Read More »

In the News Today - May 8, 2017

May 08, 2017 | News and Blog

Delaware's new unclaimed property rules fail to meet the standards of the August federal court ruling they were drafted to address, writes the Council on State Taxation in a letter to the state's Department of Finance. The Council argues the proposed rules violate the federal ruling "by failing to use the last known address of the last known property owner to determine which state has a priority claim." Read More »

In the News Today - May 5, 2017

May 05, 2017 | News and Blog

Companies targeted by the Consumer Financial Protection Bureau (CFPB) are more frequently choosing to fight enforcement actions rather than settle. 21 enforcement actions have been announced by the CFPB thus far in 2017 and one-third of those actions have been challenged. This is a notable increase from the six challenges brought throughout the entirety of 2016. Read More »

Australian Judge Raises Questions About Litigation Financing

May 05, 2017 | News and Blog

An Australian judge raised questions earlier this year about the unregulated nature of what has become known as the third party litigation finance industry, or TPLF-a business built on financing civil lawsuits in exchange for a share of a settlement or judgment. Read More »

Litigation Funders Try "Speed Dating" For Business

May 01, 2017 | News and Blog

Law360 writes that "a few dozen litigation funders, would-be investors and lawyers scoped each other out… looking to make friends – and deals-to put private investment behind legal claims." Read More »

In the News Today - May 1, 2017

May 01, 2017 | News and Blog

Georgina Squire, head of dispute resolution at Rosling King, said as a conference last week that the increase of funding options, such as third party litigation funding (TPLF) and companies specializing in buying litigation to fund and pursue claims, will expand the volume of commercial claims in the UK "at a significant pace." Read More »

In the News Today - April 21, 2017

April 21, 2017 | News and Blog

Trevor McFadden, Acting Principal Deputy Assistant Attorney General for the Department of Justice Criminal Division, said that prosecutors are "committed to wrapping up old Foreign Corrupt Practices Act cases and investigating new ones more quickly." Read More »

Engineered Liability: The Plaintiffs' Bar's Campaign to Expand Data Privacy and Security Litigation

Author: Divonne Smoyer and Kimberly Chow, Reed Smith LLP | April 19, 2017 | Research

As data breaches are becoming more commonplace, the plaintiffs' bar is engineer a staggering expansion of liability in the areas of privacy and data security. Class action lawyers are pursuing data privacy cases and amassing fortunes even where no one has been harmed. This paper examines the data privacy and security legal landscape, plaintiffs' bar tactics, major cases and settlements, and a suggested framework for reform. Read More »

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