BARE BONES BRIEFS: No kidding: $50 million counsel fee ruled “excessive” in $23 billion class action | CEO mismanagement is grounds for tax relief: FC | M&A activity lowest in decade | PE activity slows to pre-pandemic levels: Blakes | COVID inventory losses not insured: OCA
By Julius Melnitzer | January 7, 2024 FEDERAL COURT SLASHES $50 MILLION COUNSEL FEE Justice Mandy Aylen of the Federal Court of Canada has denied approval of a $50 million fee sought by Sotos LLP; Kugler Kandestin LLP; Miller Titerle+ Co.; Nahwegahbow, Corbiere; and Fasken Martineau Dumoulin LLP, class counsel in the $23 billion settlement […]