In England and Wales, while there are numerous avenues for multi-party litigation, the collective actions framework continues to develop. Collective action procedures in the antitrust and competition space have been tested in a number of cases since major reforms introduced in 2015. In other areas, there remains potential for an increasing incidence of collective actions arising from regulatory breaches by financial institutions and significant shareholder claims following alleged financial misstatements. Recent reforms to consumer protection, and the continued development of litigation funding, indicate further collective action litigation ahead.
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