- Collective proceedings orders and the question of damages (Merricks v MasterCard)
- Original news
- What is the background to this case?
- Why did the CAT reject Merricks’ application for a collective proceedings order?
- What does this mean for the collective action regime introduced by CRA 2015?
- What happens next?
Financial Services analysis: Marc Israel, partner, Aqeel Kadri, associate, and Vida Yiadom-Boakye, associate, at White & Case LLP, outline the recent rejection of the collective proceedings order (CPO) in Merricks v MasterCard and suggest that while appeals may be unlikely, given the circumstances of the rejection, it will be interesting to see how future CPOs are formed and assembled.
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