ok I stand corrected..on this case did they ever put a limit on what the amount you can LOSE if KNC wins the case...say on the 'us miners were a business' argument...and what is this security bond....? I can't find anything even in ball park terms...so if knc for example (this is just my paranoia here) was to blow crap loads of money on lawyers for this ie high priced law firms i'd guess (50 people 10k a pop that is 500,000 bucks) and they WIN.....I'd just be kinda annoyed shucking out another 10k to them and the loss of the 1.5k retainer
as to the appeals process I will take you on your word for this
I also had no luck finding the page for the online request to join the class action tonite when i tried so unsure what is up with that ..it just let me register to the site sent me
to a page with a supposed link to this supposed request to join...and nothing
perhaps they expect me to call them with such questions..but the site was not clear enough on risk reward etc with the whole process imho at least on this type of pay up front class action
Please don't take my word for it. It's there in black and white on the Swedish Courts website.
Regarding costs. They are awarded by the court and represent "reasonable costs of counsel" So no, KNC can't employ an army 10k an hour Lawyers and expect the plaintiffs to pay for them. They will be liable for any extra costs over and above what is deemed reasonable by the court. Also as far as I'm aware they have one guy working on this, Per Widman so there is not a herd of Armani suits running the show.
Coincidently Joakim just emailed me about joining the class action and said the forms would be up in a few days. I guess that's why you can't get them. I still need to figure whether to join or continue with my individual case. I feel I have a strong case so spreading of the costs in the event of loss isn't really an issue for me and seems to be the only benefit of joining the class action in my case. But discretion is the better part of valour so I'll have to give it some thought.