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EJF commissions landmark ECIPE study on the Economic Impact of Mass Litigation and Third-Party Funding in Ireland
The European Justice Forum has commissioned a major new study by the Brussels-based think tank ECIPE – the European Centre for International Political Economy – analysing the growing economic and policy implications of mass litigation and third-party litigation funding (TPLF) in Ireland.
The report, published today, ‘Mass Litigation and the Future of Litigation Funding in Ireland and Europe’, provides the first empirical assessment of how large-scale, investor-driven legal actions could affect Ireland’s economy, competitiveness, and innovation. It highlights potential annual costs of between €1.2 and €3.6 billion and calls for clear, proportionate regulation to ensure that access to justice is not distorted into a commercial investment product.
EJF commissioned the report to support an evidence-based dialogue on how collective redress and litigation funding can be managed transparently and fairly - protecting consumers, businesses, and the broader economy alike.
EJF believes that a balanced and transparent civil justice system is essential to Europe’s competitiveness and welcomes the study as an important contribution to that debate.
Access the full report below and read our LinkedIn post here.
