Queensland flood victims are an important step closer to being able to claim compensation for losses suffered, with litigation funder IMF Australia and Maurice Blackburn Lawyers confirming all conditions had been met for funding of the class action to proceed.
The action is now expected to be filed in early 2014 with a February 28 deadline set for people to sign-up.
IMF Australia Executive Director, John Walker, said that extensive modelling of the 2011 flood has identified the extent of the unnecessary flooding caused by the negligent operation of Wivenhoe and Somerset Dams.
"The modelling gives IMF the certainty it needs to commit the millions of dollars required for this claim to proceed," Mr Walker said.
"It has been a long road to this point but we are very pleased now to be able to say the action will go ahead," he said.
Maurice Blackburn Principal Damian Scattini said community meetings would be held in Ipswich and Brisbane, with the meetings to play an important role in helping to ensure registrants were properly informed of the next steps in the action.
"The statement of claim for the class action will be filed at the earliest opportunity next year, but we first want to provide people registered in the class action with case updates as we have always promised to do," Mr Scattini said.
"There will be a final opportunity for residents and businesses not yet signed up to the action to do so before 28 February 2014. In order to participate in the class action, you must sign up before this date. The claim will be filed following this deadline.
"Anyone who was inundated and suffered loss during the 2011 flood of the Brisbane and Bremer Rivers may have a claim and should contact IMF to find out whether their property was unnecessarily flooded. For most people, this was a flood that should not have happened if Wivenhoe and Somerset Dams had been operated properly.
"We take the privilege of representing residents and businesses impacted by the 2011 flood very seriously - we have put many months of work into this case and we're now ready to run this case and file a lawsuit after we give flood victims a final opportunity to join the claim," Mr Scattini said.
Meetings for registrants will be held on Sunday 15 December at The Greek Club, South Brisbane, commencing from 1pm, and on Monday 16 December at the Metro Hotel International, Ipswich, commencing from 7pm.
For more information about the meetings or to register for the floods class action visit www.imf.com.au/wivenhoe or call 1800 016 464.