Third-party Litigation Funding: industry calls for effective oversight

AmCham EU joined twelve industry leaders in calling for fair and clear rules to mitigate the risks posed by third-party litigation funding (TPLF). The signatories agree that the EU should promote access to justice for all and protect all parties from opportunistic litigation.  

News
21 Jun 2022
Consumer affairs
Third-party Litigation Funding: industry calls for effective oversight

The statement is in support of the European Parliament's legislative own-initiative report on responsible private funding of litigation, joining the Parliament's call for the Commission to propose effective TPLF regulation.  

TPLF allows private financiers, like investment and hedge funds, to fund lawsuits and arbitration through confidential deals with lawyers, in exchange for a cut of any settlement, judgement or award. A profit-motivated third party raises numerous ethical issues for litigators and can put undue pressure on claimants and defendants alike. TPLF is an estimated €40-80 billion industry, with more than 100 litigation funders operating in Europe, yet it remains largely unregulated in the EU.  

For the future of its investment climate, the EU must continue to pursue the Commission's 'Justice for Growth’ strategy and build an effective and trustworthy justice system that discourages a culture of litigation.  

This statement complements our position outlining the building blocks for an effective, harmonised regulatory regime on TPLF.  

Related items

News
9 Sep 2026

Advancing EU-US consumer protection cooperation

On Wednesday, 9 September, AmCham EU hosted a roundtable on transatlantic consumer cooperation as a part of the European Union’s International Product Safety Week and the International Consumer Product Health and Safety Organization’s International Symposium. The discussion explored how closer EU-US cooperation could improve consumer outcomes in practice, from product safety and recalls to fair commercial practices, as the European Commission prepares to revise the Consumer Protection Cooperation framework.

The exchange began with reflections on the state of play of transatlantic consumer cooperation from Sarah Wilson, Partner and Chair of the Product Safety Practice Group, Covington; Pierre Minoves, Acting Policy Assistant, Cabinet of Commissioner McGrath, European Commission; and Léa Auffret, Director, Transatlantic Consumer Dialogue. This was followed by a discussion with leading EU and US experts, officials and AmCham EU member representatives about how improving EU-US cooperation in consumer protection can deliver benefits for businesses, consumers and regulators. Thank you to Covington for sponsoring and to Razvan Antemir (Amazon), Chair, Consumer Affairs Committee, AmCham EU for moderating.

Consumer affairs
Read more
Read more about Advancing EU-US consumer protection cooperation
Position Paper
8 Sep 2026

Digitising product information across the Single Market

Together with 21 other associations, AmCham EU is calling on EU policymakers to modernise product information requirements and allow regulatory information to be delivered digitally, as a complement or alternative to physical documentation. Paper-based obligations and fragmented language requirements complicate supply chains and generate unnecessary waste. Digital delivery can make information more accessible and available in consumers’ preferred languages, while supporting the EU’s simplification goals. As the Commission revises the New Legislative Framework, policymakers should establish a clear legal basis for digital product information across sectors, while preserving flexibility where physical information remains necessary across the EU. Learn more in the joint statement.

Consumer affairs
Read more
Read more about Digitising product information across the Single Market
Position Paper
23 Oct 2025

Consultation response: Digital Fairness

Consumer affairs
Digital
Read more
Read more about Consultation response: Digital Fairness