Since filing the claim in the Supreme Court on 24 July 2024, matters have been moving along quickly. The first procedural hearing took place on 26 August 2024 and scheduled the filing of the Defendant’s Statement of Defence, amongst other matters.
The Defendants requested Further and Better Particulars, which means they asked us to clarify matters arising in the Statement of Claim. We anticipated this request would occur. We answered the Defendants’ Request for Further and Better Particulars, and the Defendants have now filed their Statements of Defence, which broadly deny liability. This was not unexpected.
A Strategic Conference is listed for 19 December 2024. At this conference the Court and the parties will discuss the most the appropriate way to deal with pre-trial issues such as discovery, correspondence with the group members and mediation.
Ahead of the Strategic Conference, we will provide a questionnaire asking for specific information regarding your financial losses, the progress of your build and your interaction with your builder. This information will be used to provide a refined estimate of the group’s financial and other losses. It is important that you are as accurate as possible when providing information regarding your losses to ensure that the Court can understand the magnitude of BGC’s conduct on its customers.
