Dutch Foundation Settlements Claims Filing

DRRT has developed special expertise in Dutch foundation actions and settlements under the Dutch collective settlement regime (WCAM or Wet collectieve afwikkeling van massaschades), including the setting up of foundations, preparing success-fee, no-risk concepts, and prosecuting pre-settlement liability claims. DRRT has registered thousands of institutional investor participants in Dutch settlement foundations (e.g. Royal Dutch Shell, EADS, Fortis, BP, Tesco, SNS, Royal Imtech, and Libor) which can enter into enforceable collective settlements with Europe-wide judgment character under the WCAM statute. During the post-collective action settlement phase, we also assist institutional investors with filing claims for their proportional share in the settlement fund, similar to the U.S. class action claims administration process.