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This involves transposing the EU Directive on representative actions into domestic law, a process that still awaits approval from the Spanish Parliament.

Spain's Ministry of Justice has recently published a Draft Bill on representative actions for the protection of the collective interests of consumers, which will transpose the EU Collective Redress Directive.

Law firms that defend clients in class actions are buckling under the weight of the thousands of claims they have to contend with – consequently they face the choice of turning down work due to lack of resources or bolstering their teams to meet demand

The Iberian financial sector is generating plenty of disputes, but while this may be lucrative work for lawyers in Lisbon, it is less so for those in Madrid