Only ever that, and only ever after the assets have been handed...

Only ever that, and only ever after the assets have been handed back to holders first.
It would be suicide to mount a case beforehand, we'd just be handing half of what's left of the assets over to the lawyers (with no guarantee of victory) and delaying the return of assets another two years. Which is no doubt on the minds of the large holders - hence no actions have been taken IMO.

I very much doubt any class action firm is going to take it on after the handback without the prospects of assets for them to pillage. They won't wont to go after just the insurer. So it's not going to happen IMO. Yes we (and importantly management) don't get to see justice, but it's time to be pragmatic and get back what we can - and soon.

But geeze if someone did want to start a CA after we get back the assets I'd sign up for that in a heartbeat. Why not?