Therium backs second-hand truck claimants

Following a ruling by the UK Court of Appeal that a conflict of interest could arise between purchasers of used trucks and purchasers of new trucks in opt-in collective proceedings brought by the Road Haulage Association (RHA) against truck manufacturers involved in a 14 year price-fixing cartel, RHA has established a separate company, RHA Used Trucks Limited, to represent the second-hand truck claimants. The company will have its own legal team and funding will be provided by Therium Litigation Atlas, a distinct entity from Therium Litigation Finance and Therium RHA, which is providing funding to the new truck purchasers. The UK CAT has accepted the measures put in place. Read more.