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Expert Analysis

German Ruling Won't Reduce EU Cartel Damage Litigation

Law360, New York (March 2, 2015, 10:09 AM EST) -- On Feb. 18, 2015, the Dusseldorf regional court upheld a 2013 ruling against Cartel Damages Claims, an antitrust claims aggregation vehicle. The court found that CDC's mechanism for assigning and collecting claims was illegal, as CDC did not have funding to pay the defendants' costs if the claim failed. While this ruling is good news for prospective defendants in that it makes group actions in Germany more difficult, it must be measured against the general European picture of increasing litigation and the increasing attractiveness of other venues like England....

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