Since the US Supreme Court's decision in Morrison v. National Australian Bank, the international relevance of Dutch law on class action settlements has increased.

Now that "foreign cubed class actions" have become a problem in the United States, the Netherlands may become a serious alternative for the certification of class action settlements involving non-US investors in non-US securities listed on a non-US stock exchange.

In The International Comparative Legal Guide (ICLG) to Class & Group Actions 2015, Ruud Hermans and Jan de Bie Leuveling Tjeenk comment on International Class Action Settlements in the Netherlands since Converium.

To read the full article, please click here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.