Clifford Chance

The Dutch class settlement system improved

10 July 2013

On 27 July 2005, the Act on Collective Settlement of Mass Damages (Wet collectieve afwikkeling massaschade) came into force. The Act, which like US class settlements operates on an opt-out basis, has proven to provide for an effective and efficient method for class settlements. On 1 July 2013, the Act was refined to further facilitate class settlements. 

Download PDF