Winterford v Pfizer Australia Pty Ltd [2015] FCA 426
The proposed settlement sum is a fair and reasonable compromise for the claims of participating group members and does not adversely affect their interests, but approval is withheld pending amendments to the independent review process to ensure adequate rights for group members.
- Parties
- Applicant: Ian Winterford; Respondent: Pfizer Australia Pty Ltd; Objector/group Member: Ms D Skea; Objector/group Member: Mr R Stokeld
- Jurisdiction
- Australia
- Judgment Date
- 07 May 2015
- Procedural Posture
- Representative Proceedings/class Action / Application for Approval of Settlement Under S 33 V Federal Court of Australia Act 1976 (cth)
- Outcome
- Settlement approval withheld pending amendment; proceeding relisted for further hearing
- Legal Topics
- Representative Proceedings, Settlement Approval, Class Actions, Costs
Case Brief
Summary, issues, holding and outcome
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Parties
Ian Winterford
Applicant
Pfizer Australia Pty Ltd
Respondent
Ms D Skea
Objector/group Member
Mr R Stokeld
Objector/group Member
Procedural Posture
Representative Proceedings/class Action / Application for Approval of Settlement Under S 33 V Federal Court of Australia Act 1976 (cth)
Legal Issues
- 1 Whether the proposed settlement of representative proceedings should be approved as fair and reasonable under s 33V/s 33ZF of the Federal Court of Australia Act 1976 (Cth)
Ratio Decidendi
The proposed settlement sum is a fair and reasonable compromise for the claims of participating group members and does not adversely affect their interests, but approval is withheld pending amendments to the independent review process to ensure adequate rights for group members.
Court Disposition
Settlement approval withheld pending amendment; proceeding relisted for further hearing
Orders
- The proceeding be listed for further hearing on 21 May 2015 at 10.15am.
- Costs be reserved.
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