Litigation is on the increase, with awards growing and class actions beginning to take off in Europe. Shareholder lawsuits related to ESG are expected to increase, and new areas of litigation are appearing and growing fast, including climate litigation, nature-related litigation, DEI litigation, and human rights litigation, and corporates are in the firing line.

This is all being enabled by the Collective Redress Directive. Are European businesses facing a flood of US style class actions and what do risk managers need to do to prepare?