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Post  Supremedebater on Thu Jan 03, 2013 6:14 pm

Class counsel have had, and continue to have, numerous in-depth meetings and discussions with the Department of Justice and Professor Stephen Toope. The meetings have been positive. The parties reported their progress to the Court on the afternoon of October 23, 2012.

A Case Management Conference is scheduled for the first week of December. We continue to target January 15 and 16, 2013 for the settlement approval hearing. If these dates do not allow for the required notice period to Class members, we have reserved back up dates of February 14 and 15, 2013.

The terms of any proposed resolution will be set out in a Court approved notice and delivered to all Class members at the same time.

Therefore, we cannot provide any further updates on the negotiations until a proposed resolution is finalized. This situation is temporary and to assist the negotiation process and to prevent rumours and misinformation from circulating. It also ensures that all members of the Class are fully informed at the same time.

While we would prefer to keep Class members informed of the status of ongoing negotiations at all times, we emphasize that the recent meetings were positive. Any proposed resolution will be completely transparent and sent to all Class members once proper notice is approved by the Court.

After receiving notice, Class members will be permitted to make submissions, either positive or negative, to the Court on the proposed resolution.

As we have advised from the beginning, no resolution is final unless the Court determines that it is fair, reasonable and in the best interests of the Class.


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