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    The Netherlands: US Style Class Action Settlement Creates Alternative Forum

    In September 2010 the international press reported a claim by hundreds of companies against Air France-KLM and Martinair. Headed by Claims Funding International (CFI), a litigation funding company, these companies allege that Air France-KLM, Martinair and other airlines formed a cartel and claim that price-fixing and other agreements caused damages up to an amount of EUR 500 million. Counsel to CFI has publicly stressed that it is interested in reaching a settlement with the carriers and also identified the way forward to settle this dispute once and for all: a class action settlement the Dutch way.