Spring Farm Class Action
This is a proposed class action on behalf of owners, purchasers, landlords, investors and authorised representatives of deceased estates (Spring Farm Property Owners) of properties, lots or homes located within the suburb known as Spring Farm in the State of New South Wales, with post code 2570 (Spring Farm Class Action).
Spring Farm Property Owners who have suffered loss and damage in the nature of property damage and economic loss due to their property being unfit for residential buildings are invited to register an expression of interest in participating in the Spring Farm Class Action.
It will be alleged that Spring Farm Property Owners have suffered loss or damage due to the conduct of Camden Council, the developer Cornish Group Spring Farm Pty Limited, the geotechnical engineers SMEC Testing Services Pty Limited (In Liq) and SMECTS Holdings Pty Limited causing land located in Spring Farm to be unfit for residential development.
Causes of Action
The proposed claims in negligence and misleading and deceptive conduct will be brought by Mayweathers who acts for property owners within Spring Farm.
How much will it cost to be part of the class action?
The class action is proposed to be funded by Omni Bridgeway on a “no win, no pay” basis in accordance with the terms of a Product Disclosure Statement (PDS) to be made available upon registration of a Litigation Funding Scheme with the Australian Securities & Investments Commission. If the class action is successfully resolved and there is a recovery of compensation, Omni Bridgeway will be entitled to reimbursement of the costs it has spent plus a commission from such recovery only.
There are no ‘out of pocket’ costs for Group Members to pay. Group Members do not have to pay anything in the event that the class action is unsuccessful, as Omni Bridgeway agrees to pay any legal costs that might be awarded to the defendant.
How can affected group members participate in the class action?
You can register your interest to receive information about participating in funded litigation and about any key developments as the class action progresses.
Please note that registering an expression of interest with Omni Bridgeway does not represent an offer to participate in a Litigation Funding Scheme and is not a commitment by any person to fund a class action or potential class action in respect of the matters set out on this website. Omni Bridgeway also notes the following:
- This website is established for the sole purposes of gauging the levels of interest in participating in funded litigation, it is not a commitment by any party to participate in funded litigation in the future, including by you.
- Any offer to participate in a Litigation Funding Scheme shall only be done by way of a PDS issued by Omni Bridgeway Investment Management Limited (ACN 642 086 593, AFSL No. 524023) once the relevant Litigation Funding Scheme has been registered with the Australian Securities & Investments Commission;
- By registering an interest in participating in funded litigation, you consent Omni Bridgeway Investment Management Limited or Omni Bridgeway Limited (Authorised Representative of Omni Bridgeway Investment Management Limited) (ABN 45 067 298 088, Authorised Representative No 1283703) contacting you and providing further information in relation to litigation funding; and
- To the extent that a PDS is made available, you should consider with or without the assistance of your professional advisers whether or not to participate in the litigation to which the PDS relates.
If you have any queries, you can contact the Omni Bridgeway Client Liaison Team by email on [email protected] or free call 1800 016 464.
By registering your interest, you are indicating your interest in receiving further information from Omni Bridgeway about the Class Action.
Omni Bridgeway Limited is responsible for the contents of this website.