A litigation funding company offers you this risk-free opportunity to get your money back.
“Litigation funding” means we provide financing of your legal proceedings.
If no financial success is achieved, you will not have to bear any costs or risks. In the case of success, we will receive a certain portion of the money as previously agreed upon in a written litigation funding agreement.
You will bear no risk and will not have to pay any upfront costs. The whole process is coordinated by us.
By contacting us using the form at the bottom of this page or e-mailing us at info@truckrefunds.com.
If you bought or leased a new or used truck over 6 ton (total weight) between 1997 and 2016 from Daimler, Iveco, DAF, MAN, Volvo / Renault or Scania, you are entitled to claim a refund.
If you have sold your vehicle, you are still eligible for claim damages. However, the amount of your claim compensation may be discounted because you are assumed to have achieved a higher resale price caused by the same effect.
As flexible as we are, we unfortunately cannot proceed with your claim without an invoice, a sales contract or a lease contract. These are among the first documents to be submitted to the court.
At the present time, this is difficult to estimate. In case of litigation, it may take several years.
We will first try to achieve an acceptable out-of-court settlement. Past experience shows that there will be litigation though. A common strategy of large corporations in similar cases is often to make life as difficult as possible for claimants to achieve a deterrent effect.
This is not 100% clear at the moment. Our experts all agree that purchases made between 2004 - 2016 are now a good basis for compensation, so these are the ones that we go for now. However, later there may be ways to include 1997 - 2003 too, so these are not completely lost either.
It’s fair enough to say that nobody knows. A series of extensive reports and cross-border comparative analysis will be necessary to quantify the damage suffered by buyers as a result of the illegal cartel. We assume it will be in the region of 5 - 20% of the purchase price or leasing rates.
Once you have submitted the required documents, almost no more effort is required from you. It is our responsibility to handle everything. You will not have to personally participate in any proceedings.
Of course, you can do so. The results will probably not satisfy you. The past has often shown that corporations vigorously deny compensation claims out of hand, no matter how valid they may be. Companies are taking advantage of the deterrent effect of a complex lawsuit. They expect the strict refusal to pay will work in their favour if only a fraction of the claimants eventually go to court. And regrettably, they are probably right.
We only litigate with the big truck manufacturers at court; if you are a Truck Cartel victim, your relationship with your dealer remains safe. We operate on the basis of Joint and several liability; which means that any of the Cartel members can be sued by a customer regardless of the brand of truck.
For example, if a customer bought IVECO trucks during the cartel period, but they don’t want to sue IVECO because they have a good relationship with their IVECO dealer - no problem. We can sue any of the other cartel members (except for MAN).
Getting your money back
doesn’t have to be confusing.
Since we get a share of the
refunded amount, our
elementary interest is
to get you the maximum
compensation possible.
Rest assured, we go
above and beyond to win.
Start now, and our experts
will get to work for you
right away!
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