Claims Funding Europe Information

Claims Funding Europe is a litigation funding company specialising in multi-party actions (i.e. where significant numbers of potential claimants are involved) on behalf of victims of corporate misconduct, in particular cartels and claims on behalf of investors and shareholders. The company is incorporated in Dublin, Ireland and is owned by Australia’s premier class action law firm, Maurice Blackburn Lawyers and International Litigation Funding Partners. Maurice Blackburn employs 1200 staff and has recovered more than $2.5 billion in damages on behalf of the victims of corporate misconduct. Claims Funding Europe is currently funding some of the largest multi-party litigation cases in the world including: The first German multi-billion Euro lawsuit against Volkswagen AG over its disclosures in relation to 'defeat devices' fitted to its cars. Proceedings in the Netherlands over South African firm Steinhoff's disclosures of multi-year ‘accounting irregularities’ in its financial statements. Shareholder proceeding in Japan against Toshiba over accounting irregularities that came to light in July 2015. Proceedings against major airlines that the European Commission (EC) found to have operated a worldwide air freight cartel between December 1999 and 14th February 2006. Proceedings against European truck manufacturers who the European Commission found to have participated in a long running cartel from 1997 to 2011. In each case the European Commission levied substantial fines - €799 million in the air cargo case and €3.8 billion in the trucks case.