Federal Court of Australia
Federal Court of Australia
Compumod Investments Pty Limited as trustee for the Compumod Pty Limited Staff Superannuation Fund v Universal Equivalent Technology Limited (Settlement Approval No 2) [2024] FCA 917 File number: NSD 917 of 2020
Judgment of: MARKOVIC J
Date of judgment: 2 August 2024
Date of publication of reasons: 15 August 2024
Catchwords: REPRESENTATIVE PROCEEDINGS – application for settlement approval and distribution of settlement funds pursuant to s 33V of the Federal Court of Australia Act 1976 (Cth) – closed class representative proceeding – fairness and reasonableness of settlement proposal – settlement approved
Legislation: Federal Court of Australia Act 1976 (Cth) Pt IVA s 33V
Cases cited: Ewok Pty Ltd as trustee for the E & E Magee Superannuation Fund v Wellard Limited [2024] FCA 296 Compumod Investments Pty Limited as trustee for the Compumod Pty Limited Staff Superannuation Fund v Universal Equivalent Technology Limited (Settlement Approval) [2024] FCA 571
Division: General Division
Registry: New South Wales
National Practice Area: Commercial and Corporations
Sub-area: Corporations and Corporate Insolvency
Number of paragraphs: 23
Date of hearing: 2 August 2024
Counsel for the Applicant: Mr J Giles SC and Mr C P O'Neill
Solicitor for the Applicant: Hicksons Lawyers
Counsel for the Second Respondent: Mr P Brereton SC and Mr L G Moretti
Solicitor for the Second Respondent: Ashurst
Counsel for the Funder: Ms A Martyn
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