Eaton v. Teva Canada Limited, 2021 FC 968
Justice Crampton - 2021-09-20
Read full decision. Automatically generated summary:
In this Motion, the plaintiff seeks approval of a litigation funding agreement [LFA] and certain ancillary relief.
The agreement in that case provides the funder with a return of 10% of the litigation proceeds, subject to a cap that varies between $30 million and $60 million, depending on the timing of any settlement or judgment: Loblaw, above, at paras 9-10. In addition, this Court recently approved a funding agreement that provides for a return that is the greater of five times the funds advanced by the funder and 10% of the claim proceeds, subject to a cap of US$100,000,000: Difederico, above, at para 4.
Decision relates to:
- T-607-20 - KATHRYN EATON v. TEVA CANADA LIMITED ET AL.