kaal:claim:2029983-022

In Converium the Amsterdam Court of Appeal declared an international collective settlement binding on the parties even though the class members had only tenuous connections to the Netherlands.

The Amsterdam Court of Appeal in its Converium decision declared an international collective settlement binding on the parties to a settlement where the class members had rather tenuous connections to the Netherlands (none of the defendants

Wulf A. Kaal, Richard W. Painter, Forum Competition and Choice of Law Competition in Securities Law after Morrison v. National Austral (2012), II.B.2.b. Converium, p. 45
https://ssrn.com/abstract=2029983 · source PDF

Wulf A. Kaal, Richard W. Painter, Forum Competition and Choice of Law Competition in Securities Law after Morrison v. National Austral (2012). SSRN: https://ssrn.com/abstract=2029983

• WCAM collective settlement proceedings
• none of the defendants and only a few plaintiffs were domiciled in the Netherlands
• alleged wrongdoing occurred outside the Netherlands and claims were not brought under Dutch law

empiricalsupport: evidencedlaw-and-legal-systems

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Attestation record: colloquium/attestations/1424a0f5f78cde42...json
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