Lloyd’s of London’s “Litigation and Business: Transatlantic Trends”

Lloyd’s of London has issued its latest report “Litigation and Business:  Transatlantic Trends” (pdf).   In this report, Lloyd’s predicts that class action litigation will grow in Europe, and notes that Portugal, the Netherlands, Spain and Sweden already have mass litigation mechanisms in place.  Lloyd’s further warns of increased forum shopping within the EU, as well as third-party funding of litigation.   

Business Insurance News has more coverage of the Lloyd’s report. 

(Via Securities Docket)

– SBS