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Class Action Updates

June 26, 2020

The New Settlements were approved by courts in British Columbia, Alberta, Saskatchewan, Ontario and Quebec. The Court’s decisions approving the settlements can be found in…

June 18, 2020

A settlement has been reached in the litigation with Bank of Montreal, BMO Financial Corp., BMO Harris Bank N.A., and BMO Capital Markets Limited (“BMO”)…

March 24, 2020

اطلاعات راجع به ادعاهای جبران خسارت (به زبان فارسی) Compensation Claims Information (in English) CFM Lawyers is a Vancouver based aviation law firm. We act…

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11. What is limitation risk?

Limitation risk is about how long it took to start this lawsuit after the conversion.

In law, you have only a specific number of years after something happens to start a lawsuit about it. This is called a “limitation period”. If you wait too long, your lawsuit is thrown out and you lose completely.

If we had gone to trial in this case, there was a serious risk that the court would decide that we had missed our limitation period. If so, we would have lost the case entirely. That is the “limitation risk”.

Posted in: Questions about the Settlement Agreement, Teck/Cominco Class Action FAQs

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