Judge OKs $16.4M Cash Converters settlement, but axes scheme administrator clause

Class Actions 2019-01-31 7:51 pm By Miklos Bolza | Sydney

A judge has signed off on a $16.4 million settlement of a class action against Cash Converters, but not before scrapping a clause he said tied the court’s hands by making the deal conditional on the appointment of Maurice Blackburn as scheme administrator.