ILR "Warns of Risks of Dutch Class Action System"

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September 29, 2017

The U.S. Chamber Institute for Legal Reform warned the Netherlands “is moving into dangerous territory by rolling out the red carpet” for class action litigation, writes Dutch News.

With the EU considering new collective action litigation rules, ILR President Lisa A. Rickard notes how large American law firms are already opening offices in Europe. This is a sign, Rickard said, that these firms “believe there is money to be made here.”

Speaking specifically of the Netherlands, Rickard said the country is “positioning itself as a hub” for class actions, which “could prove very harmful” for business in the country.