Noosa News
Victims of Wivenhoe Dam disaster win $440m
A long-running legal dispute over mismanagement of Wivenhoe Dam during the 2011 Brisbane floods disaster is over after a mammoth settlement was reached.
Almost 7000 people in a class action will be paid $440 million in a landmark settlement with the Queensland Government and SunWater, the dam’s operator.
The figure – the largest-ever in a class action in Australia – was announced to the ASX today by litigator funder Omni Bridgeway.
“This has been a hard-fought and extremely difficult case on behalf of approximately 6700 claimants,…
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