A bit disappointing we haven't seen a settlement notice or...

A bit disappointing we haven't seen a settlement notice or judgement on the Ethicon case and possible won't until after HY results this Wednesday. I was pretty sure we would have seen a settlement by now but on the other hand the negotiations/mediation seems to be going well for shine:
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https://www.lawyerly.com.au/ethicon-loses-bid-for-class-closure-order/

"The judge overseeing a class action against Ethicon over allegedly faulty pelvic mesh implants has shot down the device maker's bid for a class closure"
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My reading of this from other sources is that the defendants sought to restrict the conditions on which women could become members of the class - which can sometimes be used to limit total settlement and as a tool in settlement negotiations -  they failed quite badly. This is good news for shine, remembering that there could be in the region of 50m tied up in WIP for this case which has lasted for 7 years, and 15-20m (from memory) in unpaid disbursements, so all up maybe 70m in cashflow for shine funded entirely by themselves...a very significant amount in other words if analyst estimates of case costs are correct. Lets not forget the 25-35% (estimate based on similar, non-litigation funded cases) cut of the total payout which probably applies at least somewhat to this case.

On the positive side SHJ lawyers are getting paid by the hour for these negotiations so the the bill will be adding up in the WIP progress section of the accounts. So as long as the case settles well in the end this should end up with more cash for shareholders. Hopefully we see some solid results and a small dividend increase on Wednesday and maybe soon Ethicon news in the couple of weeks after....