Collective action

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Representatives for Walter Merricks’s £17bn ‘opt-out’ claim against Mastercard have launched the biggest public noticing campaign in legal history.

Mastercard has lost its latest appeal against the Competition Appeals Tribunal (CAT) decision to certify an ‘opt-out’ class action.

Mastercard has been refused permission to appeal the Competition Appeal Tribunal (CAT) judgment greenlighting the claim in the mammoth class action launched by former Financial Ombudsman Walter Merricks.

They’re massive, big money, headline-grabbing and share-price rocking—and possibly coming to a court near you! At least, that’s if the Competition Appeal Tribunal (CAT) continues on its current path of greenlighting opt-out collective proceedings.

The Competition Appeal Tribunal’s desire to breathe life into the collective proceedings regime is clear from its CPO approval rate & reluctance to strike out or summarily dismiss claims: Cameron Laing assesses the impact of its approach thus far

A brave new world? In the final update in this series by Penningtons Manches Cooper, Tom Stables & David O’Brien mull the future of group actions

A date has been set for the first stage of a gigantic opt-out class action against Facebook (now known as Meta), worth a potential £2.2bn

Law firms and entrepreneurs have backed the launch of an online platform designed to facilitate group actions

In the second of a special three-part series by Penningtons Manches Cooper, Colin Hayes considers developments on costs sharing in group actions

Eleanor Leedham reports on lessons learned from Mr Merricks’ multi-billion-pound action against Mastercard: what could this mean for other collective proceedings?

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MOVERS & SHAKERS

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Quinn Emanuel—James McSweeney

London promotion underscores firm’s investment in white collar and investigations

Ward Hadaway—Louise Miller

Private client team strengthened by partner appointment

NLJ Career Profile: Kate Gaskell, Flex Legal

Kate Gaskell, CEO of Flex Legal, reflects on chasing her childhood dreams underscores the importance of welcoming those from all backgrounds into the profession

NEWS

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Human rights concerns for patients, prisoners & immigration detainees

Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned

Licensing fast-track for conveyancing & probate professionals

Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals

Stress at work? Join the (employment tribunal claim) queue

Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace

NLJ this week: Cross-UK precedent, umbrella companies & whistleblowing liability

In NLJ this week, Ian Smith, emeritus professor at UEA, explores major developments in employment law from the Supreme Court and appellate courts

NLJ this week: Assignment of arbitral award enforcement blocked

Writing in NLJ this week, Kamran Rehman and Harriet Campbell of Penningtons Manches Cooper examine Operafund Eco-Invest SICAV plc v Spain, where the Commercial Court held that ICSID and Energy Charter Treaty awards cannot be assigned

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Collective action

MOVERS & SHAKERS

Quinn Emanuel—James McSweeney

Ward Hadaway—Louise Miller

NLJ Career Profile: Kate Gaskell, Flex Legal