The First Birthday of the New Italian Class Action Rules

One year ago today the new Italian class action rules (“New Class Action Rules” or “New Rules”) entered into force.

With a view to improving the overall effectiveness of the system, the New Class Action Rules have largely reshaped the legal framework applicable to class actions in Italy, including by: (i) dedicating a brand new section of the Italian Code of Civil Procedure to class actions; (ii) attributing jurisdiction over class actions to perhaps the most efficient chambers of the Italian Courts (i.e., the Chambers specialized in corporate matters); (iii) broadening the objective and subjective scope of class actions; (iv) simplifying the mechanisms for filing a case; (v) widening the timeframe within which the members of a class can adhere to the action; and (vi) significantly reforming the applicable procedure.

Please click here to read the full alert memorandum.