Cat's eye: Industry opinion on the UK collective actions regime

Cat's eye: Industry opinion on the UK collective actions regime

September-October 2015, CDR News

Brussels-based partner Peter Camesasca offers insight on how lawyers are advising claimants and defendants on the new UK class action regime in an article featured in the CDR News September-October 2015 issue. Camesasca says, “What we clearly do see is that there are a number of law firms who are touting this new regime very aggressively…these firms are seeing this as a big growth area and some are massively investing on the claimant side, so this is very much on.” He later explains the twofold that comes with looking at the new regime through a US lens. “It is good because they better understand the complexities and risks related to antitrust class actions, while it is bad because they may have an expectation of the new UK regime being similar to what they have experienced in the US, and this may well turn out not to be the case.”