Mass Claims 2023 nr. 2
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Airbus and TikTok: developing contours of judicial assessment of funder influence and funder fees in Dutch collective actions

Pim Wissink1

Case Note: The Hague District court 20 September 2023, ECLI:NL:RBDHA:2023:14036 (Airbus) and Amsterdam District court 25 October 2023, ECLI:NL:RBAMS:2023:6694 (TikTok)

1. Introduction

This duo of cases presents notable decisions by lower courts pertaining to third-party funding of mass claims under the (amended) Dutch collective action regime (WAMCA). The decisions shed some welcome light on the courts' interpretations of admissibility requirements, in particular concerning the limits of a third-party funder's influence on the representative entity initiating collective proceedings. Moreover, the Amsterdam District Court has outlined a number of principles in TikTok for its assessment of funder success fees should a damages claim succeed on the merits. If these principles prove workable, they may serve as an example for other courts faced with the same task.

 

Commercial third-party litigation funding is currently the ...

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Case Note: The Hague District court 20 September 2023, ECLI:NL:RBDHA:2023:14036 (Airbus) and Amsterdam District court 25 October 2023, ECLI: NL:RBAMS:2023:6694 (TikTok)

1. Introduction

2. Limits of funder influence: a possible hit and a miss

2.1. The miss – Airbus

2.2. The possible hit – TikTok

3. Tentative principles for judicial assessment of funder success fees

4. Comment

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Artikel informatie

Type
Artikel
Auteurs
Pim Wissink1
Auteursvermelding
Ik ben auteur van dit artikel
Datum artikel
16 januari 2024
Uniek Den Hollander publicatienummer
UDH:MC/17966

Gerelateerde inhoud

Vrij gevonden op trefwoorden:

VEB v BP, financial loss, securities, case note, CJEU, third party funding, admissibility, TikTok, Airbus

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