Mass claims in the Netherlands: a shift of paradigm?

30
Oct

In the Netherlands, an increasing number of so-called “claim foundations” endeavors to recover damages arisen from misconduct by companies and (financial) institutions. Well known examples are claims for hidden charges in financial products sold to consumers (like the “Woekerpolis” and “DSB” claims), loss of investment (Shell reserves claim, the “Converium” matter) and misrepresentation of the qualities of consumer goods (like Volkswagen’s diesel emissions).

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