U.K. Should Prepare Itself for Future Disputes

The European Securitization Forum (ESF) and the Securities and Financial Markets Association (SIFMA) hosted a seminar last week investigating the explosion in U.S. subprime litigation and what implication it had for European market participants. While it's clear that Europe has not seen nearly as many claims filed, lawyers warned that the courts could begin to see more action as the credit crunch wears on.

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