Good question, with two important answers:
First, Trucks Cartel Compensation Foundation is supported by Omni Bridgeway, the leading European litigation financing firm. Omni Bridgeway provides organisational, structural and management experience to the Foundation and ensures adequate funding for a successful outcome of the case. Based on the past work by Omni Bridgeway, the Foundation has a solid basis for a positive and financially optimal result for all.
Secondly, there are good reasons to create a foundation to handle legal proceedings for a group of claimants:
Filing a successful action against defendants who have deep pockets and are legally sophisticated entails high costs and risks. Single claimants alone may not be prepared to bear these costs and legal risks. It is for this reason that the Trucks Cartel Compensation Foundation has decided to organize and manage one European collective action against the trucks manufacturers.
Another main reason is efficiency, also for the courts. With the Foundation being the main actor, there is only one claimant rather than many individual ones. This avoids unnecessary paperwork and improves efficiency.
In addition, working with the Foundation also creates a form of anonymity, because the Foundation claims compensation in its own name and it will be the Foundation’s name to appear on court orders and documentation.