BHP class action
On 18 December 2018, the Federal Court of Australia delivered its judgment on how it would manage the competing class actions issued against BHP Billiton Ltd in respect of the Fundao Dam collapse.
On 18 December 2018, the Federal Court of Australia delivered its judgment on how it would manage the three competing class actions issued against BHP Billiton Ltd. The Court ordered that the proceeding we are conducting on behalf of Klemweb Nominees Pty Ltd (Klemweb Proceeding) be permanently stayed. A second proceeding has been temporarily stayed until 1 September 2019 (Los Angeles County Employees Retirement Association v BHP Billiton Ltd). The Court instead decided that the matter of Impiombato v BHP Billiton Ltd should be the proceeding to go forward.
After reviewing the judgment carefully we consider that there are grounds for appeal. Therefore, on 1 February 2019 we applied for leave to appeal the Court’s decision.
If the appeal is successful and the orders we seek are made, the Klemweb Proceeding will go forward.
We consider that the costs arrangements proposed by Maurice Blackburn (being the Litigation Services Fee or the no-win no fee arrangement) will likely deliver the best financial outcome for group members. Maurice Blackburn is Australia’s leading class actions practice and we have an unparalleled track record of running the nation's largest and most complex class actions and securing the biggest recoveries in Australian class actions for our clients.
Please contact our office if you wish to discuss this matter at BHPclassaction@mauriceblackburn.com.au or 1800 931 970 (Toll Free AU) or +61 3 9605 2892.