Cost of independent counsel to advise on Banksia silk’s $1.25M offer ‘can’t be justified’, court says

Class Actions 2023-05-02 11:07 pm By Christine Caulfield

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The Victoria Supreme Court will not appoint a contradictor to weigh in on the reasonableness of a $1.25 million settlement offered by companies associated with the wife of a once prominent silk struck from the roll over the Banksia Securities class action scandal.

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