Judge labels $25m Dick Smith settlement a disappointment

Mar 18, 2021 · A little more than $5 million will be split between 2700 former Dick Smith shareholders. ... Judge labels $25m Dick Smith settlement a disappointment ... the $25 million …

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Judge Labels $25m Dick Smith Settlement A Disappointment

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Mar 18, 2021 · A little more than $5 million will be split between 2700 former Dick Smith shareholders. ... Judge labels $25m Dick Smith settlement a disappointment ... the $25 million …

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‘Disappointing’ $25M Dick Smith Holdings Class Action Settlement ...

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Mar 18, 2021 · Judge laments a "disappointing" outcome for group members. The $25 million settlement resulting from class actions launched against Dick Smith Holdings (DSHE …

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'A Disappointing Result': Judge Approves $25M Settlement In Dick …

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Mar 17, 2021 · Save ( 1 ) Please login to bookmark Password Remember Me A judge has approved a “disappointing” $25 million settlement in long-running class action litigation over …

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Dick Smith Archives - Lawyerly

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May 30, 2022 · ‘A disappointing result’: Judge approves $25M settlement in Dick Smith class actions. Class Actions 2021-03-17 11:52 pm By Cat Fredenburgh. A judge has approved a …

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"Supreme Court Justice James... - Retail Doctor Group - Facebook

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Mar 24, 2021 · "Supreme Court Justice James Stevenson has approved the $25 million settlement agreement for a trio of class actions brought over the collapse of electronics retailer …

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$25M Settlement Reached In Dick Smith Class Actions - Lawyerly

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Jan 22, 2021 · A $25 million settlement has been reached in three long-running shareholder class actions over the collapse of electronics retailer Dick Smith, under which the funders that …

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Dick Smith Class Action Parties Propose $25m Settlement

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Jan 20, 2021 · Dick Smith was listed in 2013 and previously owned by private equity firm Anchorage Capital Partners – which bought it from Woolworths in 2011 in a deal worth $115 …

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Dick Smith Directors Owe $11.8M In Damages After Receivers Win …

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Aug 29, 2022 · An appeals court has found that two former executives of collapsed electronics retailer Dick Smith should pay the company’s receivers $11.8 million in damages for approving …

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High Court Grants Special Leave To Dick Smith Execs - Lawyerly

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Apr 21, 2023 · The High Court has agreed to hear the appeals of two former Dick Smith exes following judgments that awarded a total of $55 million in damages to NAB and the receivers …

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$25M Grubhub Settlement Sheds Light On How Other Gig …

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Dec 18, 2024 · The $25 million settlement that regulators announced with the food delivery service Grubhub on Tuesday should serve as a cautionary tale for other gig economy …

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NAB Wins $43M Judgment Against Ex-Dick Smith Director But

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Jun 15, 2021 · A judge has awarded $43 million to National Australia Bank in its lawsuit against former directors of failed retailer Dick Smith, but threw out claims against company directors …

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FAQs about Judge labels $25m Dick Smith settlement a disappointment Coupon?

Did Dick Smith Electronics settle a class action lawsuit?

Parties in a trio of class actions brought against Dick Smith Electronics, former directors Nicholas Abboud and Michael Potts and 10 insurers over the retailer's 2013 public listing have reached an in-principle settlement of $25 million. However, the settlement needs to be approved by the Supreme Court of NSW. ...

How much did Dick Smith pay for a class action?

The agreement splits the $25 million for three class actions with $18.75 million – or 75 per cent – for the payment of costs in the actions to the litigation funders, who spent $26 million on legal costs during the action. Electronics retailer Dick Smith collapsed in 2016. Josh Robenstone ...

What happened to Dick Smith Holdings?

The $25 million settlement resulting from class actions launched against Dick Smith Holdings (DSHE Holdings), the entity remaining after the collapse of electronics retailer Dick Smith, and insurer Alliance, has been approved, but only a small portion will end up in the hands of shareholders. ...

Is Dick Smith Holdings a class action company?

The online business is unrelated to Dick Smith Holdings, the entity at the centre of the class actions. Two of three proceedings were brought against DSHE Holdings Ltd and Dick Smith’s then executive directors, Nick Abboud and Michael Potts, and its auditor, David White of Deloitte Touche Tohmatsu. ...

Why did justice Stevenson approve a $25 million settlement agreement?

Supreme Court Justice James Stevenson has approved the $25 million settlement agreement for a trio of class actions brought over the collapse of electronics retailer Dick Smith Holdings, but has lamented the low return to shareholders compared with original claims in the hundreds of millions. ...

Did a New South Wales Supreme Court judge approve a $25 million settlement?

A New South Wales Supreme Court judge has approved a $25 million settlement to finalise a years-long class action suit filed by former Dick Smith shareh... ...