We have tracked the proceedings brought by investors against Porsche for damages allegedly suffered when Porsche attempted to take over Volkswagen over the last couple of years, and followed the journey of these claims through courts in London, New York, Frankfurt, Stuttgart, Braunschweig and Hannover. Now, at least a substantial part of these proceedings ended up in yet another German court, namely in the Court of Appeals (Oberlandesgericht) Celle. Continue reading
At this year’s Annual IBA Conference in Dublin, the Banking Law Committee and the Litigation Committee will be presenting a joint session on “Class Actions or Mass Actions – The experience of Litigators and Financial Institutions”. I will be speaking about the German approach to collective actions – readers of the blog will be familiar with KapMuG –
which will be put into perspective and compared to the approaches taken in other jurisdictions. See you in Dublin!