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A class action is a means of enforcing a right to bring a class action, i.e. a right that cannot be enforced privately but only by means of a suit and a judgment. The judgement reshapes the legal situation, it thus has a constitutive (law-giving) effect

Term-Nr.: 271

German: Gestaltungsklage (385)

Source: LK-Lötscher, 11.05.2020

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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