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Class action regulation in the Italian financial market

Author

Listed:
  • Francesco De Santis

    (Università di Salerno)

Abstract

Class action, regulated by art. 140 of the Italian consumers’ code, is an important legal institution also related to pre-determination of payable damages.A recent class action, involving an Italian banking group, has been rejected by the Italian Court and provided the opportunity to address procedural issues relating in particular to the eligibility of the class action

Suggested Citation

  • Francesco De Santis, 2011. "Class action regulation in the Italian financial market," BANCARIA, Bancaria Editrice, vol. 5, pages 52-61, May.
    • Handle: RePEc:ban:bancar:v:05:y:2011:m:may:p:52-61
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    File URL: http://www.bancariaeditrice.it/prodotti/vedi/prodotto/id/2488/bancaria-n-5-2011
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    More about this item

    Keywords

    class action; certification;

    JEL classification:

    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • K12 - Law and Economics - - Basic Areas of Law - - - Contract Law
    • K13 - Law and Economics - - Basic Areas of Law - - - Tort Law and Product Liability; Forensic Economics

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