GetSwift Limited (ASX: GSW) (‘GetSwift’ or the ‘Company’),
announced on 17 April 2019, the High Court of Australia dismissed an
application filed by Squire Patton Boggs (AU) for special leave to
appeal the decision of the Full Court of the Federal Court of Australia.
On 20 November 2018, the Full Court upheld the judgment of the Court at
first instance, holding that only one class action should proceed. That
proceeding was the Webb Proceeding. As a result of the High Court’s
decision, the judgment of the Full Court is now final and only the Webb
class action proceeds. In dismissing the application for leave, the High
Court ordered the costs against the party bringing the application, such
that the Company will recover some of the costs associated with the
application for leave.
Separately, the Federal Court has determined that the Webb proceeding
and the ASIC proceeding will be heard consecutively, and the ASIC
proceeding will be heard first, commencing in June 2020. The trial in
the Webb proceeding is now scheduled to commence after the ASIC
proceeding has concluded and presently will not start before 17 August
2020. The Company maintains its claim in the Webb proceedings that at
least Squire Patton Boggs (AU) are a concurrent wrongdoer, by virtue of
which the Company says any liability against the Company ought to be
As previously advised, the Company strongly disputes the allegations
made against it, including any alleged loss, and is vigorously defending
the proceedings. The Company will continue to robustly pursue all legal
options to protect shareholder interests.
The Company will continue to keep shareholders informed of developments.
About GetSwift Limited
Technology to Optimise Global Delivery Logistics
GetSwift is a worldwide leader in delivery management automation. From
enterprise to hyper-local, businesses across dozens of industries around
the globe depend on our SaaS platform to bring visibility,
accountability, efficiency and savings to their supply chain and “Last
Mile” operations. GetSwift is headquartered in New York City and is
listed on the Australian Securities Exchange (ASX:GSW). For further
background, please visit GetSwift.co.