Plaintiffs v Hollinger Inc.
Hollinger Settlement Reaches Final Stage In Saskatoon
A proposed $43-million settlement of two class-action lawsuits by shareholders against media baron Conrad Black, his company Hollinger Inc., and two major Canadian law firms reached the final approval stage before a Saskatoon judge.
The settlement is still before the courts in Ontario -- where it is scheduled for an approval hearing Aug. 21 -- and in Quebec, where no date has been set for a final hearing.
A dozen lawyers representing the various parties attended Saskatoon Court of Queen's Bench for the closed-door approval hearing.
The settlement requires payment to be shared by the Tories LLP law firm, tax advisory firm KPMG, Hollinger Inc., and Hollinger's insurance company.
For more information please contact:
Tony Merchant
Merchant Law Group LLP
1-888-567-7777
1-800-LAWYERS
merchant@merchantlaw.com
