Book contents
- The Cambridge International Handbook of Class Actions
- The Cambridge Handbook of Class Actions
- Copyright page
- Dedication
- Contents
- Contributors
- Foreword
- Acknowledgments
- Part I The United States
- Part II The Americas
- Part III Europe
- Part IV Asia and the South Pacific
- Part V Middle East and Africa
- 24 Class Actions in South Africa
- 25 Class Actions and the Regulatory State
- 26 The Israeli Public Class Action Fund
25 - Class Actions and the Regulatory State
Lessons from Israel
from Part V - Middle East and Africa
Published online by Cambridge University Press: 29 January 2021
- The Cambridge International Handbook of Class Actions
- The Cambridge Handbook of Class Actions
- Copyright page
- Dedication
- Contents
- Contributors
- Foreword
- Acknowledgments
- Part I The United States
- Part II The Americas
- Part III Europe
- Part IV Asia and the South Pacific
- Part V Middle East and Africa
- 24 Class Actions in South Africa
- 25 Class Actions and the Regulatory State
- 26 The Israeli Public Class Action Fund
Summary
Israel presents an illuminating case for the study of class actions. On its face, the Israeli class action is a story of success. The uptake of the class action mechanism to Israel is unprecedented: Israel has become the world leader in the number of per capita class actions just a few years after the introduction of the class action law. On the other hand, the wave of class litigation has also raised serious concerns. Unique to Israel is the complaint that cases have little quality – most class actions seem to generate little impact, and filings often target the nonenforcement of obsolete provisions, rather than tackling important legal and social problems. The procedural aspects of class actions are also insightful. A robust regulatory framework underlies many Israeli class actions, and accordingly the Israeli law developed distinct tools that facilitate the interaction between agencies and class litigation. The lessons from the Israeli case study can therefore be useful for policymakers who consider the implementation of the class action mechanism, particularly in heavily regulated jurisdictions.
- Type
- Chapter
- Information
- The Cambridge Handbook of Class ActionsAn International Survey, pp. 503 - 527Publisher: Cambridge University PressPrint publication year: 2021
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