Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Kelly v Willmott Forests Ltd (in liquidation) (No 5) [2017] FCA 689 File numbers: VID 1483 of 2011 VID 1484 of 2011 VID 1485 of 2011 VID 187 of 2013
Judge: MURPHY J
Date of judgment: 20 June 2017
Catchwords: PRACTICE AND PROCEDURE – settlement agreement – application for court approval of settlement of representative proceeding under s 33V of the Federal Court of Australia Act 1976 (Cth) – first proposed settlement refused – parties reached revised settlement – class members advised of the deficiencies in the first proposed settlement – revised settlement improves the result for class members – class members provided with a further right to opt out of the revised settlement – further counsels' opinion as to prospects of success provided – whether legal costs charged to class members are fair and reasonable – revised settlement approved – legal costs approved
Legislation: Federal Court of Australia Act 1976 (Cth) s 33V
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