Judge ‘troubled’ by bid to extend class closure order in UGL shareholder action

Article 2019-07-15 10:26 pm By Christine Caulfield | Melbourne

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A judge overseeing a class action against engineering company UGL has agreed to extend a class closure order to give the parties a second chance to resolve the case in mediation, but not without expressing concerns that the order did not have the intended effect of encouraging settlement at the first sit-down.

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