REPRESENTATIVE PROCEEDINGS – approval of proposed settlement under s 33V(1) of Federal Court of Australia Act 1976 (Cth) – whether proposed settlement fair, reasonable and in interests of group members – where applicant’s claims strong on liability but raised numerous legal and evidentiary difficulties as to whether loss or damage could be proved – where settlement fair and reasonable compromise and best possible outcome in circumstances – Held: settlement approved
Original article available at: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2023/2023fca0590
For more information, see the original judgement.
