12 total
The court granted leave to proceed and certified a securities class action for alleged misrepresentations on consent.
In this proposed class action, the plaintiffs sought leave to proceed under the Securities Act and certification as a class action under the Class Proceedings Act, 1992, against Kew Media Group Inc. for statutory and common law misrepresentation.
The alleged misrepresentations concerned Kew's financial health and compliance.
Kew consented to the orders.
The court granted leave to proceed and certification, defining the class and common issues, and appointed plaintiffs' counsel as class counsel.
Class counsel fee request reduced due to excessive hourly rates and lack of procedural advancement.
Class counsel sought approval of fees representing 25 percent of a $770,000 partial settlement, as well as disbursements.
The court approved the disbursements but declined to approve the requested 25 percent fee at this stage.
The court found the hourly rates used by counsel to be grossly excessive, distorting the value of docketed time.
Noting that the litigation remained in its procedural infancy after six years, the court fixed the fee award at $100,000 plus HST, without prejudice to counsel's right to seek additional amounts upon further settlement or completion of the certification motion.
The court approved a $770,000 partial settlement with the Kamaya defendants in a linear resistors price-fixing class action.
The plaintiff in a class action sought court approval for a partial settlement agreement with the Kamaya defendants, who were accused of participating in a price-fixing conspiracy for linear resistors.
The settlement included a monetary payment and cooperation benefits for the plaintiff class.
The court, applying principles from the Class Proceedings Act, 1992, and relevant case law, found the settlement to be fair, reasonable, and in the best interests of the class, despite the monetary amount being at the lower end of the reasonable zone.
The decision emphasized the value of arm's-length negotiation, counsel's recommendation, and the strategic benefits of early cooperation from settling defendants in complex conspiracy litigation.
Paralegal's motion for compensation from class counsel's fees dismissed due to lack of contractual basis.
A paralegal who represented individual consumers in Small Claims Court actions against the defendants brought a motion seeking compensation from class counsel's fees following the settlement of a related class proceeding.
The paralegal argued that his independent efforts, including media interviews, pressured the defendants to settle and benefited the class, justifying payment on the basis of quantum meruit or unjust enrichment.
The court dismissed the motion, finding no contractual agreement between the paralegal and class counsel.
Furthermore, there was no evidence that class counsel requested, encouraged, or acquiesced to his efforts, nor any proof that his actions influenced the settlement.
Motion to temporarily stay certification pending a related class action's certification decision dismissed.
The moving defendants sought a temporary stay of the plaintiff's certification motion pending the determination of a certification motion in a related price-fixing class action involving different electronic components.
The defendants argued that a stay would promote efficiency as the expert evidence and methodology were substantially similar in both actions.
The court dismissed the motion, finding that the actions involved different products, time periods, and parties, and that an indefinite delay would be unfair to the plaintiff class and contrary to the goals of judicial economy and access to justice.
Motions to discontinue against six defendants and certify for settlement purposes against Kamaya defendants granted.
The plaintiff in a proposed price-fixing class action regarding linear resistors brought motions to discontinue the action against six defendants and to certify the action for settlement purposes against the Kamaya defendants.
The court approved the discontinuance, finding no prejudice to the class as tolling agreements were in place and there was no evidence of the discontinued defendants' involvement in the conspiracy.
The court also certified the action for settlement purposes, approving an expanded class definition that included British Columbia purchasers to facilitate a comprehensive settlement with the Kamaya defendants.
Non-monetary class action settlement approved in exchange for individual defendant's cooperation and inside information.
The plaintiff in a price-fixing class action sought approval of a settlement with the sole individual defendant.
The settlement provided no monetary compensation but required the defendant to provide extensive cooperation, including an evidentiary proffer, interviews, document exchange, and trial testimony.
The court approved the settlement under s. 29 of the Class Proceedings Act, finding it fair, reasonable, and in the best interests of the class, as the defendant's inside information offered significant strategic value against the remaining corporate defendants.
Class action settlement of $5.9 million and counsel fees of $1.48 million approved in price-fixing conspiracy case.
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.
Class action settlement and counsel fees approved, but fee payment split to incentivize litigation progress.
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 court conditionally approved class counsel's retainer agreements and awarded $587,500 in fees from a partial settlement in a price-fixing class action.
This motion concerned the approval of class counsel's retainer agreement, fees, and disbursements following a partial settlement in a price-fixing class action.
The plaintiff class counsel sought approval for 25% of the settlement amount ($2.35 million) as fees, plus disbursements and interest.
The court reviewed the retainer agreements for compliance with the Class Proceedings Act, 1992, and assessed the reasonableness of the fees and disbursements based on established factors.
The court approved the retainer agreements and the requested fees and most disbursements, but declined to approve interest on disbursements at this stage, pending further developments in the ongoing litigation.
The court approved a $2.35 million class action settlement in a price-fixing conspiracy but rejected a term allowing settlement funds to cover future disbursements.
The plaintiff sought court approval for a class action settlement agreement with the Panasonic defendants in a price-fixing conspiracy action concerning linear resistors.
The settlement included a monetary payment of $2,350,000 and significant cooperation from the Panasonic defendants to assist in prosecuting the action against non-settling defendants.
The court approved the settlement, finding it fair, reasonable, and in the best interests of the class, considering the arm's length negotiations, the benefits of cooperation, and the risks of continued litigation.
However, the court rejected a proposed term in the draft order that would allow class counsel to use settlement funds for future disbursements, citing concerns about retainer agreements and counsel's financial risks.
The court affirmed its jurisdiction to retrospectively enforce a judgment prohibiting the deduction of defence costs from participating accounts.
The plaintiffs moved under Rule 59.06(2)(c) to enforce a prior trial judgment's prohibition against the defendants debiting defence costs from participating accounts.
The defendants had allocated 50% of legal costs to these accounts prior to the judgment without seeking leave.
The court found that the prohibition order, which enjoined the defendants from debiting "any costs or expenses incurred... in the defence of these actions" applied retrospectively to all costs, whenever incurred, and was not merely prospective.
The court rejected the defendants' functus officio argument, affirming its jurisdiction under Rule 59.06(2)(c) to carry its orders into operation.
The defendants were ordered to move for leave to charge the previously allocated legal costs.