PRK Partners’ dispute resolution team, having extensive and successful experience in the defence of clients against class actions, became again the exclusive contributor for the Czech Republic to the newly published Chambers Collective Redress & Class Actions 2024 Global Practice Guide, which contains the latest legal information on the implementation of the EU Collective Redress Mechanism; the procedure for bringing actions including joinders, funding, remedies, and settlements; and the latest trends and developments.
1. Policy Development of Collective Redress/Class Action Mechanisms
1.1 History and Policy Drivers of the
Legislative Regime
Traditionally, there was no uniform and comprehensive regulation of collective redress in the Czech Republic. The Czech legal system contained only very limited representative action mechanisms, which did not allow collectively asserting individual rights in a manner other than through regular court proceedings and were applicable only to a limited range of claimants or to relatively specific matters. These included proceedings concerning copyright or protection against unfair competition, consumer protection claims or claims for damages or for adequate
consideration arising in connection with mandatory takeover bids or squeeze-outs.
With effect from 1 July 2024, a new legal framework of collective redress was adopted…
Read the full Czech chapter at the following link: Czech Republic: Collective Redress & Class Actions 2024.
The full version of the publication is available in an interactive form on this link.
