Judgment of the Tribunal: (i) granting a collective proceedings order to the Proposed Class Representative, BSV Claims Limited, in respect of the proposed claims; but (ii) acceding in part to an application of Binance Europe Services Limited, the Sixth Proposed Defendant, to strike out the claim for sub-class B of the proposed class, such that the loss of chance claim only for sub-class B is struck out.
None of the Proposed Defendants opposed the certification of the proposed claims in principle. The Tribunal concluded that there were no grounds upon which to refuse to grant a collective proceedings order subject to certain comments made on: (1) the Proposed Class Representative's funding arrangements; and (2) the case management of the proceedings following the granting in part of the Sixth Proposed Defendant's application and the resulting effect on the overall size of the claim.
