APPROVAL has been given for the second distribution of settlement funds in the Canadian Air Cargo price-fixing class action, which relates to an alleged global conspiracy to fix prices of airfreight shipping services.
The three law firms in Canada were informed that the Ontario, British Columbia and Quebec courts approved the settlements and a protocol for distributing the second round of settlement fund totalling US$16 million have been reached with British Airways and Air Canada.
This brings the total settlements reached in this action to over $45 million. The settled defendants do not admit any wrongdoing or liability. Settlements totalling $29.6 million were previously distributed. The action is now resolved in its entirety.
'This litigation raised complex factual and legal issues. As part of this litigation, the Ontario Court of Appeal held that the Ontario court has jurisdiction to certify an international class. Leave to appeal to the Supreme Court of Canada was denied. This was an important ruling that paves the way for other international classes in appropriate circumstances,' said Linda Visser of Siskinds, Canada's leading class action law firm.
'Price-fixing conspiracies result in businesses and consumers paying artificially inflated prices for goods and services. Class actions help to return those inflated prices to victims of such conspiracies,' said David Jones of the law firm Camp Fiorante Matthews Mogerman in Vancouver, BC.
Persons who purchased airfreight shipping services to or from Canada (excluding shipments to or from the United States) between January 2000 and September 2006 are eligible to claim settlement benefits. Claims can be filed online at www.aircargosettlement2.com on or before July 4, 2022.
SeaNews Turkey
The three law firms in Canada were informed that the Ontario, British Columbia and Quebec courts approved the settlements and a protocol for distributing the second round of settlement fund totalling US$16 million have been reached with British Airways and Air Canada.
This brings the total settlements reached in this action to over $45 million. The settled defendants do not admit any wrongdoing or liability. Settlements totalling $29.6 million were previously distributed. The action is now resolved in its entirety.
'This litigation raised complex factual and legal issues. As part of this litigation, the Ontario Court of Appeal held that the Ontario court has jurisdiction to certify an international class. Leave to appeal to the Supreme Court of Canada was denied. This was an important ruling that paves the way for other international classes in appropriate circumstances,' said Linda Visser of Siskinds, Canada's leading class action law firm.
'Price-fixing conspiracies result in businesses and consumers paying artificially inflated prices for goods and services. Class actions help to return those inflated prices to victims of such conspiracies,' said David Jones of the law firm Camp Fiorante Matthews Mogerman in Vancouver, BC.
Persons who purchased airfreight shipping services to or from Canada (excluding shipments to or from the United States) between January 2000 and September 2006 are eligible to claim settlement benefits. Claims can be filed online at www.aircargosettlement2.com on or before July 4, 2022.
SeaNews Turkey
