Liesker Cartel Damage offers financing for meritorious antitrust claims, where the claimant does not have the means or the risk appetite to start a lawsuit or to continue it without financial support.
Many claimants are unaware of litigation funding, and the diverse range of financing options available, which means that they are missing out on a significant source of capital. Litigation funding provides the up-front finance that smaller businesses may need to fight their case. Or for deep-pocketed corporates, it allows them to offload the risk element of the litigation.
Results from Bloomberg Law’s 2nd annual Litigation Finance Survey show that 87% of companies and law firms that have used litigation finance agree that litigation finance enables better access to justice.
Most of the cases that Liesker Cartel Damage funds are cartel damages actions that follow a ruling from the European Commission or a national competition authority. In such cases, the liability of the company that’s being sued, the cartelist, has already been established. The extent of the damage however still needs to be determined and that is usually the challenge. Actions for damages for infringements of competition law typically require a complex factual and economic analysis.
Private damages actions in the civil courts are becoming an increasingly common feature of the legal landscape across Europe. After a decision and imposition of fines by the public authority, private damages claims often follow.
Over the 10-15 years or so, The Netherlands has become one of the preferred fora for private enforcement in Europe. A large number of cartel damages cases have been brought before the Dutch courts, often by litigation vehicles or a multitude of injured parties.
Private claims for damage caused by competition law infringements represent a unique opportunity for companies that have suffered damage at the hands of cartelists or dominant players to obtain compensation for their losses.
We’d love to hear from you. When you submit a request, we will immediately evaluate the suitability of your case for litigation funding.
Liesker Cartel Damage is part of Liesker Legal, the pioneer in litigation funding in the Netherlands. Founded in 2011, it was the first litigation finance company in the country. In the years that followed, Liesker Legal built up an excellent track record and has continued to grow.
This growth has led to the opening of a subsidiary in Belgium. The office is headed up by Dr Kees Jan Kuilwijk, a seasoned lawyer who practiced with prominent international law firms for over 25 years. Kees Jan studied law in Leiden and then obtained a doctorate in law (cum laude) at the European University Institute in Florence. Subsequently, he worked for more than 20 years in Brussels at a number of prominent British and American law firms as a lawyer specialized in competition law. During this period, he regularly assisted clients in international cartel cases, including the high-profile Airfreight and Maritime Car Carrier Cartel investigations. Contact: