Judicial Consideration of Us Proceedings in Canadian Class Action Settlement Approvals

AuthorBarry Glaspell and Rachael Belanger
Pages213-222
213
JUDICIAL CONSIDER ATION OF
US PROCEEDINGS IN CANADIAN
CLASS ACTION SETTLEMENT
APPROVALS
Barry Glaspell and Rachael Belanger
Abstract: In Canada, class action settlement approvals re-
quire that a court f‌ind t hat the settlement is fai r and reason-
able with respect to the settlement class as a whole. In some
instances, due to a lack of factually comparable cas es in Can-
ada, but where there is a nearly identica l proceeding in the
US, the courts wil l look to the similar US settlement to aid
in determining the fairness and reasonableness of the Can-
adian settlement. Rev iewing a selection of judici al decisions
regarding Canadian settlement approvals, this article draws
some conclusions on the use of American settlements in
Canadian approval s. Generally speaking, where the court is
satisf‌ied that Ca nadian counsel were aware of and took into
consideration the American settlement and where the Can-
adian settlement amount is rough ly in line, proportionally, to
the US settlement, a f‌inding of fa irness and reasonableness is
more likely.
ccar 9-1.indb 213 12/12/2013 12:37:31 PM

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