What is the test for approval of a settlement in a class action action?
British Columbia, Canada
The following excerpt is from Ewert v Denso Corporation, 2017 BCSC 2414 (CanLII):
The known test for approval of a settlement is that it must be fair, reasonable, and in the best interests of the class. Factors were set out by Mr. Justice Groberman in Jeffery v. Nortel Networks, 2007 BCSC 69 at para. 18. All of these factors weigh in favour of approval of the settlement.
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