Did you buy or lease a truck from Daimler, Iveco, DAF, MAN, Volvo/Renault or Scania between 1997 and 2016?
Then you probably paid too much and are entitled to compensation.
Check if you are entitled to a refund
Then you probably paid too much and are entitled to compensation.
On 19 July 2016, the EU Commission established that Daimler, MAN, DAF, Iveco and Volvo/Renault had entered into illegal price agreements at the expense of their customers and imposed a record fine of 2.93 billion euros. The antitrust proceedings against Scania are still ongoing. Despite the pending case, we assume that Scania vehicles will also be affected. The fact that the EU Commission has established that an illegal cartel was formed gives rise to recourse claims for its customers.
Your right to compensation If you purchased or leased a truck with a gross vehicle weight of over 6 tonnes during the period in question, you are highly likely to be entitled to compensation, which is likely to stand at between 10% and 20% of the purchase price or leasing instalments paid.
We, Iulius Paulus, a German litigation financing company, are ready to support you in enforcing your claims and to finance your compensation proceedings in full.
You will not incur any costs, no matter how extensive the litigation might become. Whether legal fees, court costs or comprehensive expert opinions, we will pay everything for you and exempt you from any cost risk. Only in the event of success do we partake pro rata in monies retrieved.
Your request will be evaluated by our experts
We will advise you of your options without obligation
We can take over the entire process for you upon request
There will be no additional costs for you
Only in the event of success do we receive performance-related remuneration
We are a litigation cost financier specialising in litigation against large corporations. Litigation cost financing is the financing of a legal dispute. In the event of success, the litigation cost financier receives the previously contractually agreed share of the money obtained.
If no financial success is achieved, you do not bear any costs or risks. In the event of success, Iulius Paulus receives a previously agreed portion of the money obtained.
You do not enter into any risk and do not have to incur any costs. The whole procedure is coordinated by us. This includes the careful selection of specialised lawyers, the preparation of expert opinions by competent experts and an appropriate bundling of claims.
By contacting us. We will then get in touch with you and make you an offer.
If you bought or leased a new or used truck with a gross vehicle weight of over 6 tonnes between 1997 and 2016 from Daimler, Iveco, DAF, MAN, Volvo/Renault or Scania.
This does not affect your claims for damages, they still exist. You may only have to accept a discount in the amount of the compensation, because you received a higher resale price due to the excessive prices for trucks during this period than would have been the case without the manipulation by the cartel.
All you have to do is prove that you bought or leased a truck from one of the manufacturers concerned during the period in question. If there are really no more documents available, the purchase price will be estimated by means of a plausibility report if necessary. It is important that you have the chassis number of the vehicle in question. This allows the vehicle to be clearly identified. If this can no longer be traced back, then we must decide in each individual case whether the evidence is sufficient for a claim.
This is difficult to assess at this stage. If it comes to a lawsuit, it can drag on for several years. It will be faster if a settlement can be reached in court or out of court. There is already a higher regional court ruling in which it has been determined that damages are to be paid.
We will first try to reach an acceptable out-of-court settlement. Past experience, however, leads us to assume that legal proceedings will be instituted. A popular strategy of large corporations in similar cases is often to make life as difficult as possible for claimants in order to achieve a deterrent effect.
We expect to file the lawsuits in Germany. Since every cartel member can be sued in antitrust proceedings, we can choose which cartel member we sue. This means that if you have purchased a truck from Iveco, you can claim damages from Daimler. This is a special feature of antitrust law.
That's not entirely clear at the moment. It is likely that the first claims expired at the end of 2017. It is therefore advisable to assert any claims quickly.
That's not clear at the moment. It is likely that comprehensive expert opinions will be necessary to quantify the material damage caused to the buyers by the cartel. We assume 10-20% of the purchase price or the leasing instalments.
Once you have looked up the required documents, virtually no effort is required. We'll do our best to take it all off your hands. You will not have to participate in proceedings in person.
Of course you are free to do that. Give it a try. The result will probably not be satisfactory. Past experience has often shown that corporations deny claims for damages across the board, no matter how valid they may be. Companies take advantage of the deterrent effect of a complex lawsuit. They expect that this refusal to cooperate will pay off for them if only a fraction of claimants ultimately take legal action. And unfortunately, they are likely to come off well doing so, too. We founded Iulius Paulus for precisely these cases.