German Parliament adopts consumer-friendly changes to the bill for the implementation of the Collective Redress Directive
Litigation Finance Insider
July 17, 2023
The team at Linklaters shares that rules around litigation funding have been tightened in the current draft of the bill for the implementation of the German Collective Redress Directive, with rules providing for more onerous disclosure obligations and prohibiting the funder from collecting more than 10% of the economic benefit resulting from the redress action.