Partner Emmanuèle Lutfalla and Legal Assistant Simon Fitzpatrick discuss the arrival of the new European directive on collective actions, as well as its implications for insurers, in La Gazette du Palais.
Emmanuèle and Simon’s article was published in La Gazette du Palais, 19 January 2021, and can be found here.
The year 2020 will mark insurers following claims that have arisen in connection with the Covid-19 pandemic and the “CATEX” issue.
On 24 November 2020, the European Parliament gave the green light to the final text of the new directive on collective actions which will replace the current directive of 2009. On 4 December 2020, the directive was finally published in the Official Journal with an entry into force scheduled for 24 December. This latest version marks the end of a legislative process launched in 2018, orchestrated with other Member States determined to modify their own national laws in this area.
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Paul Brehony, Abdulali Jiwaji, @jdshearman, and Ligia Bob examine in PLC Magazine the transition from #LIBOR to alternatives and how businesses must act now to reduce risks and exposure in relation to potential LIBOR-related #litigation bit.ly/3uw5ohQ pic.twitter.com/GPVNPMXKNb
LIBOR transition: the final countdown – PLC Magazine
Feb 26, 2021
LIBOR transition: the final countdown – PLC Magazine
Feb 26, 2021
