Dutch legislator launches consultation paper on collective damages claims
On July 7th, 2014, the Dutch Minister of Security and Justice published a draft of a bill (the "Draft") to amend the Dutch group action (article 3:305a Netherlands Civil Code et seq.) which is aimed at introducing a collective claim for monetary damages. Under the current regime, no monetary damages can be sought on a collective basis. Before sending the bill to Parliament, the Draft will be subject of a consultation process, which invites scholars, practicing lawyers, companies and representative organisations to give their views. This ND Alert summarises the Draft and its background.
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