Bila's Castle on the prospect of collective redress in the UK
The prospect of a full-blown, opt-out US class action culture, funded by a Plaintiff Bar made fat from its cut of the damages, is not one that most UK insurers would relish.
But with the filing of the £14bn Mastercard action in September last year, you might be forgiven for thinking that this had come a lot nearer. The Mastercard action is, of course, not only the largest
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