1. Big win for LCM!A purchased case from a liquidator.LCM share 85% of $14.8m (remaining 15% to liquidator) + costs + interestIt's unclear if direct or 3PTY (2020 case is borderline).www8.austlii.edu.au/cgi-bin/sign.cgi/au/cases/nsw/NSWSC/2023/5902. PFAS settlement likely next FY.www.comcourts.gov.au/file/Federal/P/NSD431/2020/3887497/event/31432939/document/21143803. Interesting on the google case, it didn't fail because google was not in the wrong but because not representative - i.e. "it did not meet the bar for bringing a representative action, which requires the claim to be based on general circumstances that apply to the entire class rather than on individual circumstances, finding therefore that the claim would be bound to fail".Hopefully the early loss means minimal costs.
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