Presentation legal finance summit Frankfurt
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: September 27, 2023
Xandra Kramer gave the 2023 Nivalion legal finance summit lecture in Frankfurt on 26 September 2023, in collaboration with Thomas Kohmeier. The lecture was dedicated to the question whether further regulation is needed in the area of third party litigation funding. She discussed developments in regulation and gave illustrations from Dutch practice in the funding of collective actions. She stressed the role of self-regulation and soft law in the area of third party litigation funding. Thomas Kohlmeier responded to her discussion points from the perspective of the funding industry.