Quintis insurers may have to cough up extra $11.25M in class action settlement

Class Actions 2021-01-28 6:27 pm By Miklos Bolza | Sydney

A lawsuit seeking to increase D&O insurance for sandalwood producer Quintis in the wake of a class action settlement has fallen short of the $40 million in additional coverage sought, but a Federal Court decision may see a further $11.25 million go to group members.