European Truck Cartel Litigation
Lieff Cabraser Represents TransAtlantis in Antitrust Litigation in Germany and the Netherlands against the European Truck Cartel
First lawsuit brought by Lieff Cabraser in Germany on behalf of TransAtlantis seen likely to give momentum to cartel damages litigation against the truck cartel
Lieff Cabraser’s Munich office is leading aggregate litigation against the infamous European truck cartel of truck manufacturers Daimler, DAF, Iveco, MAN, Volvo/Renault, and Scania. In its 2016 and 2017 decisions, the European Commission fined the truck manufacturers 3.8 billion Euros, the highest fines in the history of the European Commission’s cartel prosecution (case AT.39824).
TransAtlantis is a Luxembourg joint venture between two US investment funds. By way of a new structure of purchases and assignments set up by Lieff Cabraser, TransAtlantis bundled more than 11,000 claims from more than 450 assignors from nine European countries in its Munich litigation where it is asking Daimler and MAN for more than 61 million in damages plus interest, currently amounting to 100 million euros in total. TransAtlantis is also suing the truck cartel in the Netherlands with an action aggregating more than 13,000 claims.
Civil Litigation News
Mark Chalos Selected as Co-Lead Counsel for Plaintiffs in Generac Solar Power Systems Marketing Practice and Products Liability Litigation
The Generac Solar Energy Systems litigation focuses on allegations that energy tech giant Generac’s PWRECell System components are defective and potentially dangerous
Sarah London Testifies Before the CA State Assembly in Support of Bill to Stop Corporate Arbitration Abuse in California
On June 13, 2023, Lieff Cabraser partner Sarah London testified before the California State Assembly in support of SB 365. The bill,
Lieff Cabraser Announces Historic $235M Comprehensive Settlement with Altria in National JUUL Youth E-Cigarette Predatory Advertising, Addiction and Injury Cases
Unprecedented in scope, speed, and significance, the global settlement, reached just after plaintiffs concluded their case in the bellwether trial in San
