Resource Centre > National collective redress models > German model

KapMuG - the Capital Investors' Model Proceeding Law (2005) - was introduced to handle cases brought against Deutsche Telekom in the Frankfurt regional court (15,000 people who invested in Deutsche Telekom shares).

The procedure starts with an application for establishment of a model case. Such applications are possible in relation to claims for damages or specific performance for false, misleading or omitted information in the context of takeover offers, brought by shareholders or investors. Once the model case is established, it is going to be considered by the Higher Regional Court, with all other cases stayed with no opt-out provision.

For a more detailed analysis of the German model and updates see the Stanford Law School Global Class Actions Exchange.