Portuguese litigation funding dispute detailed by EU's top court
( June 19, 2026, 14:44 GMT | Official Statement) -- MLex Summary: The EU Court of Justice has disclosed details of a Portuguese court's request for preliminary ruling on whether class actions backed by certain kinds of litigation financing risk undermine the effectiveness of the EU's antitrust laws. The case relates to non-profit consumer-protection association Ius Omnibus seeking damages from banks involved in a cartel, with the case backed by financial support from financier Augusta Ventures.Document is attached. Case reference is C-431/26 - Associação Ius Omnibus III....
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