Tag Archives: class actions

Mediation in shareholder class actions – article published

Mediation can be a useful tool in shareholder class actions as in other types of litigation. There are a number of obvious advantages to defendant corporations in particular: minimising legal costs, reducing further publicity and impact on share price, and avoiding the considerable distraction to … Continue reading

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Filed under Australia, Herbert Smith Freehills news, Mediation (General)

Case Study: settlement of mass claims arising out of World Trade Center litigation

Herbert Smith Freehills acts for the Lend Lease group of companies (LL LMB) in relation to the World Trade Center (WTC) clean-up litigation following the events of 9/11. Over 18,000 plaintiffs sued more than 50 defendants including the City of New York … Continue reading

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Filed under Australia, Insurance and Reinsurance, USA

European Parliament publishes draft report on collective redress and use of ADR

In July 2011, the European Parliament published a draft report on the Commission’s consultation earlier this year entitled “Towards a coherent European approach on collective redress”, which contains a section on ADR in the context of collective redress. The report … Continue reading

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Filed under ADR, Europe, Government proposals and consultations