Tag Archives: Dutch Collective Settlements

Has the Rise of Collective Investor Actions in Europe Led to Forum Shopping?

As I have previously noted on this blog (most recently here), one of the most significant recent developments in the D&O claims arena has been the global rise of collective investor actions. One factor in this development in Europe has been the non-binding 2013 Collective Redress Recommendation, in which the European Commission recommended that each … Continue Reading

Guest Post: Dutch Collective Actions vs. Collective Settlements

As collective investor actions have become an increasingly global phenomenon, a recurring question has been whether another jurisdiction will emerge as the preferred forum for aggrieved investors to pursue their claims. Among the countries often mentioned in this context it the Netherlands, owing to the country’s collective settlement procedures. In a recent post, I noted … Continue Reading

Dutch Court Dismisses Collective Investor Action Against BP on Jurisdictional Grounds

As the rise of collective investor actions has gone global, one of the questions that has arisen is whether a country other than the U.S. would become a preferred forum in which investors might pursue their claims, even investors from outside the forum country. Australia is among the countries that have been suggested. Another country … Continue Reading

Massive $1.3 Billion Settlement of Fortis Investor Actions Under Dutch Collective Settlement Procedures

In what is by far the largest investor settlement ever under the Dutch collective settlement procedures, several shareholder foundations have reached an agreement to settle the Fortis shareholder claims for a total of €1.204 billion ($1.3 billion). The shareholder foundations’ settlement with Ageas, as Fortis is now known, relates to Fortis’s ill-fated October 2007 participation … Continue Reading

Dutch Shareholder Foundation Seeks to Represent Global Class of VW Investors

Several years ago, when investors’ representatives used class claims settlement procedures available under Netherlands law to reach securities claim settlements involving Royal Dutch Shell (about which refer here) and Converium (about which refer here), there was a great deal of speculation whether the Dutch procedures could become an important vehicle for aggrieved investors to recover … Continue Reading
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