CMS

All articles about CMS.

Claimant law firms and litigation funders have hit back at claims by CMS that they are helping to fuel a ‘remarkable’ rise in the number of European class actions, with Leslie Perrin of Calunius Capital arguing that "the assertion by CMS to their clients that class action risk is, increasingly, a board-level issue must be a good thing for business and society as it ensures greater accountability and adherence to the rule of law."
Kenny Henderson, Leah Gardner and Dr. Zsolt Okányi of CMS present key trends they have identified from studying the collective proceedings filed in Europe over the past five years, noting that, among other things, class actions in the technology sector are increasing dramatically, with 15 times the number of claims filed in 2020 as in 2017 (i.e. growth of 1400%) and data protection claims grew 11 times (i.e. by 1000%) between 2016 and 2020.

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