Tuesday, July 24, 2007

Sarkozy, U.S. Lawyers Shift Battleground Over Class-Action Suits to Europe

(Bloomberg) -- French President Nicolas Sarkozy,
Deutsche Telekom AG shareholders and American lawyers are laying
the groundwork to make Europe the next battleground for U.S.-
style class-action lawsuits.

The unlikely allies are pushing for changes that encourage
group litigation and send a chill through corporate Europe.
Cohen, Milstein, Hausfeld & Toll PLLC set up a London class-
action practice this year as European regulators plan to make it
easier for consumers to sue cartels and monopolies.


Read more at Bloomberg Exclusive News

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