July 6, 2010
The Honourable Mr. Justice Henderson renders judgment in favour of the class members in the aggregate amount of $36,000,000. In making his decision, the Honourable Justice Henderson held that “the Plaintiff has proved on a balance of probabilities that the negative publicity and public disclosures from and after September 2000 significantly affected property values…”. After reviewing all of the evidence presented during the trial, Justice Henderson ruled that the aggregate damage to the class was $36,000,000 which he allocated as follows: (i) $9,000,000 aggregate for the Rodney Street Area, (ii) $15,000,000 aggregate for the East Side Area, and (iii) $12,000,000 aggregate for the West Side Area.
A full copy of the trial decision can be found by accessing the documents tab to the right of this page.
Closing arguments in the trial were completed on January 20, 2010, 101 days after the commencement of the trial.