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Although Europe has not seen a lot of class action lawsuits to date, it is a topic on the agenda. Even in the United Kingdom, the Netherlands, Germany, Sweden and Portugal, other countries also exploring the possibility. Since the as U.S. law firm Coughlin Stoig Geller Rudman & Robby hits London intent on setting the pension funds to support the measures, the major European firms are not under the threat easily.



It is also on the radar of the European Commission, which is more private enforcement of competition law.



The prospect of a U.S. class action litigation has lawyers in firms such as Lovells and Allen & Overy are fighting back with the launch of the Action class units with large disputes and disputes on behalf of their corporate clients.



A survey by a major U.S. law firm Bryan Cave found that about 60 percent of companies expect class action lawsuits in London within the next three years, while two out of three with the product to a focus of litigation.



But while many lawsuits attorney can rub their hands in joy at the thought of such lucrative fees, the Company believes that legal fees would be lower than those in the U.S. - with one in three believe that some form of U.S. contingency-fee involved.



The UK has already seen class action litigation with individuals, businesses complain about disasters, personal injury attorney with law firms such as Irwin Mitchell and Pannone & Co who are the victims of disasters over many years.



And the recent Northern Rock saga saw small shareholders want to sue the government after the expression "" disgust "at compensation proposals. According to the UK Shareholders' Association (UKSA), valuation of shares is not fair and independent, even if the government .



This group is represented by the law firm Edwin Coe, which around 7000 of the smaller shareholders of Northern Rock and the invitation to each of these to pay £ 50 each to raise money to sue.



Companies and banks are the new target for the lawyers as a class action lawsuit on arrival in London from the U.S. class action lawsuits lawyers proves. Coughlin Stoig, recently won $ 700 million U.S. dollars for Enron investors, since the energy giant collapsed in 2001, has the game to a new level and led to corporate lawyers and banks to take note. The company is looking to pension funds and claimed that she had 25 clients including Standard Life and Scottish Widows.



Richard Byfield of Elsen Consulting, a legal public relations company, says that the U.S. class action lawsuits companies have their eyes on the banks in the wake of the subprime, with the banking sector is a particularly fruitful source of litigation and class actions.



He attributes this to the fact that it is difficult for the largest British firms to sue banks, which leaves a gap in the market for the U.S. market participants. The battle for Europe is to large companies and law firms and lawyers are always ready to defend against the American invaders class action.