Guest lecture International Commercial Courts Cyprus
News
Out now: Financing Collective Actions in The Netherlands
The book Financing Collective Actions in the Netherlands: Towards a Litigation Fund? has just been published (Eleven International Publishing 2024) and is available open access. The book is authored by the Rotterdam Vici team members Xandra Kramer and Jos Hoevenaars, and Ianika Tzankova and Karlijn van Doorn (both TilbUniversity). It is an English and updated version of a Study commissioned by the Dutch Research and Documentation Centre of the Ministry of Justice, published in September 2023. It discusses developments in Dutch collective actions from a regulatory perspective, including the implementation of the RAD, and contains a quantitative and qualitative analysis of cases that have been brought under the WAMCA. It examines funding aspects of collective actions from a regulatory, empirical and comparative perspective. It delves into different funding modes, including market developments in third party litigation funding, and addresses the question of the necessity, feasibility, and design of a (revolving) litigation fund for collective actions.
A launch event and webinar will take place on 3 July from 15-17.15 hrs CET. Registration for free here.
Published: April 22, 2024
Xandra Kramer gave a guest lecture on ‘International commercial courts: a game changer in international litigation?’ at the Neapolis University Pafos in Cyprus on 12 April 2024. She discussed the rise of international commercial courts in the Middle East and Europe, in the context of needs of international business, court specialisation and access to justice and in relation to international arbitration.
Focussing on key features of these courts she gave insights on the different courts, and in particular the Singapore and Netherlands Commercial Court. Highlighting some innovative features and the opportunities the Hague Judgments Convention of 2019 offers, she concluded that these courts have an effect on the international litigation market, but they have not triggered a huge shift from arbitration or other courts to these new business courts.