Michael Osborne

The court granted an extension of an interim interlocutory and mandatory order restraining the transfer, access, and use of the internet domain "ditlabs.io" pending the outcome of the action.

The decision addresses the requirements for a Mareva injunction, including the presence of a strong prima facie case, irreparable harm, and the balance of convenience.

The court found that KNNX Corp. had established a strong prima facie case that it was the rightful owner of the domain, that there was a risk of irreparable harm if the injunction was not extended, and that the balance of convenience favoured the plaintiff.

The order was granted to preserve the status quo and prevent dissipation of the domain asset.

The plaintiff in a class action alleging a price-fixing conspiracy regarding film capacitors moved for approval of a settlement with the Panasonic defendants and for approval of class counsel fees.

The court found the $1.35 million settlement, which included valuable cooperation from the settling defendants, to be fair and reasonable despite being heavily discounted from the estimated exposure.

The court also approved the requested class counsel fees of 25% of the settlement, but ordered the payment to be split into two installments to incentivize counsel to advance the litigation more expeditiously.

The plaintiffs in a price-fixing class action regarding electrolytic capacitors moved for court approval of a $5.9 million settlement with the Panasonic defendants, as well as approval of class counsel fees and disbursements.

The court found the settlement, which included significant cooperation from the settling defendants, to be fair, reasonable, and in the best interests of the class.

The court also approved the retainer agreements and the requested class counsel fees of $1,487,500 (25% of the settlement) and disbursements of $141,866.96, noting the complexity and risk of the litigation.

This is a costs endorsement following the dismissal of an interpleader application.

The interpleader application was necessitated by the respondent Mr. Wickham's late and unsubstantiated demand that an equalization payment be held in trust, despite having been previously denied similar relief.

Mr. Wickham failed to take timely steps to establish a proprietary claim or file responding materials.

The court found Mr. Wickham's conduct to be cavalier and ordered him to pay the applicants' costs of $3,253.74 and the respondent Mr. Hamdy's costs of $10,465.95, both on a partial indemnity basis and payable forthwith.