MFS (Octaviar) Class Action

Mercedes Holdings Pty Limited v Waters (No 6) [2012] FCA 1412

CORPORATIONS - 'class action' - representative proceeding – Court approval of settlement – fairness and reasonableness of terms of settlement – objections to settlement – whether to impose conditions on any approval – discontinuance not “previously concluded proceeding”

Corporations Act 2001 (Cth), ss 208601EA601FC601FD601HA601HG,  - Federal Court of Australia Act 1976 (Cth), ss 33V37N - Wrongs Act 1958 (Vic), ss 24AI24AL

Dominique Hogan-Doran appeared for the founder & former Chairman of the MFS Group (Octaviar)