The Victorian government has agreed to a $125 million settlement related to one of the world’s most extended COVID-19 lockdowns, compensating businesses that faced significant financial losses. This decision follows a class action lawsuit brought forth by thousands of businesses, including the lead plaintiff 5 Boroughs NY Pty Ltd, which argued that the government was responsible for economic damages incurred due to lockdown measures enforced from July to October. The class action lawsuit was originally set to go to trial on March 10 but was postponed, leading to a directions hearing at the Supreme Court in Melbourne on March 16.... [Continue Reading]
The state government has agreed to a $125 million settlement, which has to be approved by the Supreme Court. [Continue Reading]