Re: McLay & Company Inc. et al v. Cascades Fine Papers Group Inc. et al.
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Our firm prosecuted a price fixing case against Cascades Fine Papers Group Inc., Coast Paper Limited, Dom tar Inc. and Unisource Canada, Inc. which alleged that the defendants conspired to unlawfully fix, raise, maintain and/or stabilize the price at which carbonless paper sheets were sold. The claim was advanced on behalf of all purchasers of carbonless paper sheets in Ontario and Quebec between at October 1999 and September 2000. Our firm reached a settlement wherein the Defendants had to pay $2.95 million dollars in complete resolution of the litigation. The settlement recoveries were successfully distributed to class members pursuant to the court approved Plan of Distribution. This matter is now fully resolved and our file is closed.