Illegal agreements are prohibited under European competition law and are sanctioned by the European competition authorities. Companies that have suffered damages may therefore claim compensation.

Beci, in collaboration with member company LitFin and its partner deprevernet, invites its members to a webinar to better understand how cartels operate and the harm suffered by client companies.

In just one hour, you will learn how litigation funding works in practice, how it enables companies to pursue compensation claims without financial risk, and why this approach is becoming increasingly relevant across Europe.

Some of their recent cases will be presented, with a focus on the Belgian private security cartel, recently sanctioned by the Belgian Competition Authority. This case revealed that several major security service providers colluded to distort competition, resulting in artificially inflated prices for their clients. As a result, many businesses and public entities in Belgium are entitled to claim compensation. This is precisely where LitFin and deprevernet step in, providing the necessary funding and legal support to pursue such claims.

• About LitFin and deprevernet

LitFin is an investment fund specialised in financing complex litigation, with a focus on competition damages exceeding EUR 40 million. It currently finances 21 collective damages actions across the EU. 
 

The LitFin model is risk-free and cost-free: all costs are covered, including lawyers’ and experts’ fees. The fund only receives a small percentage of the proceeds if the case is won.​

deprevernet is a Belgian law firm specialising in competition law. It represents clients in complex cartel and antitrust cases, bringing its expertise to competition litigation.

• Who should attend?

This session is open to professionals from any function or sector. 
 

It will be especially relevant for business managers, lawyers, CFOs, in-house counsel, and procurement professionals.ux professionnel·les de n'importe quel fonction ou secteur.

Programme :

1. Welcome & Introducti​on

- Presentation of LitFin and deprevernet

2. What is Li​tigation Funding?

- How it works in practice?

- The advantages of third-party funding for businesses

3. Case study: Belgian private security cartel

- Background of the case

- Impact on businesses and public entities

- Potential for compensation claims

4. Q&A Session

- Open floor for questions from participants

What will you learn?

- How litigation funding works in practice

- Insights into the Belgian private security cartel case and its relevance for affected organizations

- Guidance on the claims process

Meet the experts

- Juraj Siska, lawyer and partner at LitFin, director of France & Benelux office

- Jasper De fauw, lawyer and partner at deprevernet

- Grégoire Reylandt, lawyer at deprevernet

Presentation in English