IPE (Investment & Pensions Europe) By Gail Moss January 2021 (Magazine) Changes in legislation like the UK’s Consumer Rights Act 2015 have led to an increase of class actions led by pension funds as they seek to recover investment losses. As the roll call of household names which have been hit by class action claims [...]
By Bonnie Eslinger Law360, London (January 4, 2021, 3:43 PM GMT) -- A judge has ruled that a 12-year-old girl can remain anonymous in her pursuit of claims that the video-sharing app TikTok is illegally exploiting the personal data of children. Judge Mark Warby said in a Dec. 30 ruling at the High Court that [...]
Global Competition Review Emily Craig 06 November 2020 Markus Hutschneider has joined Scott+Scott to head its new competition litigation-focused Berlin office after 10 years at Deutsche Bahn. Hutschneider, 47, said he is “excited and proud" to build the firm’s new German office, which opened on Monday. The firm represents some of the world’s largest corporate [...]
By Joanne Faulkner Law360, London (November 5, 2020, 9:47 PM GMT) -- U.S. plaintiffs firm Scott + Scott Attorneys at Law LLP announced Thursday it is launching a Berlin office led by an antitrust expert from Deutsche Bahn in an effort to cater to large multinationals seeking damages for breaches of competition law. Markus Hutschneider, [...]
Pensions&Investments By James Comtois September 04, 2020 Participants in the Teamster Members Retirement Plan filed suit against Allianz Global Investors and its subsidiaries saying investors in a hedge fund it managed lost nearly $1 billion. Teamster Members Retirement Plan (formerly known as GCIU Inter-Local Pension Plan) was an investor in AllianzGI's Structured Alpha U.S. Equity [...]
Law360 By Dean Seal (September 3, 2020, 5:06 PM EDT) -- Investors in a hedge fund that lost nearly $1 billion during the coronavirus-induced market crash earlier this year say "extreme risk taking" by fund manager Allianz Global Investors caused the fund to collapse in a proposed class action in New York federal court. A [...]
THE SUN, MILLIONS of Brits have been ripped off by a shipping company scam which inflated the price of new cars. Drivers who bought or leased a new motor between October 2006 and September 2015 could receive a payout, after five shipping companies fixed their charges for bringing models into the UK. The firms - [...]
DEALERSHIPS could be in line for a refund of up to £60 per new car that they bought, thanks to a class action against five major shipping companies. Car Dealer Magazine, It follows a multi-million-euro fine by the European Commission after MOL, ‘K’ Line, NYK, WWL/EUKOR and CSAV were found to have violated EU competition [...]
Law360, London (March 2, 2020, 2:51 PM GMT) -- Five shipping companies fined for running a cartel for transporting cars to the U.K. have become the target of a £150 million ($189 million) million U.S.-style class action in London led by law firm Scott+Scott UK LLP. The claim has been filed at the U.K. Competition [...]
The Daily Mail - Millions of motorists have been ripped off in a £150million delivery scheme to inflate the price of new cars, it is claimed. Eight in ten new cars have seen price increases of up to £60 after shipping firms conspired to fix delivery costs, according to a lawsuit. A total of 17million [...]