UPDATE: The claims portal is closed! Settlement payments were issued on March 28, 2024. If you have not received your Settlement cheque by now, please contact RicePoint Administration.
This website provides information about the proposed settlement (the “Settlement”) of a class action lawsuit against Bay Grenville Properties Inc., Lanterra Developments Ltd., Toro Aluminum Railings Inc., and H&R Developments Inc. (the “Defendants”). In April 2010 glass paneling installed on the North Tower balconies fell into the street, necessitating the closure of the balconies and a lengthy repair process (the “Falling Glass Incidents”) which lasted from November 30, 2010 to April 2011 for the first restoration period and from July 2011 to November 2012 for the second restoration period (“North Tower Class Period”). Around the same time that the glass panelling installed on the North Tower balconies fell into the street, the same was occurring on the South Tower, necessitating the closure of the balconies and a lengthy repair process which lasted from August 2011 to December 2012 (“South Tower Class Period” and collectively with the North Tower Class Period, the “Class Period”).
The parties have entered into a settlement agreement (the “Settlement Agreement”) which was approved on June 14, 2023. The Defendants will pay $2,700,000.00 (two million, seven hundred thousand) (the “Settlement Fund”), plus $70,000 towards the cost of claims administration (the “Administration Fund”) to settle the claims of the Class Members, including the Legal Fees and Disbursements and the costs of administering the settlement, in return for a release and a dismissal of the class action.
Are you a part of the Settlement?
If you owned, rented and/or ordinarily resided in one of the 731 condominium residential units in the condominiums located at the North Tower, at 37 Grosvenor Street between November 30, 2010 to April 2011, and July 2011 to November 2012, and the South Tower at 38 Grenville Street (South Tower and, collectively with the North Tower, “Murano”) between August 2011 and December 2012 and have not previously opted-out of the class, you are a class member.
Summary of Settlement Benefits
Eligible Class Members will receive an award calculated on the amount of the Settlement Fund remaining after payment of legal fees, disbursements, and taxes thereon, and administrative expenses for the settlement administration (the “Net Settlement Fund”). The claims administrator will calculate awards on a per unit basis. The award for units will be calculated at about $2,000 per unit (the “Awards”).
These amounts are based on an award per unit over the Class Period without consideration of (a) the number of people living in the unit, or (b) the size of the balcony in the unit.
If a unit owner(s) and/or a tenant(s) were both in possession of the unit for all or part of the class period, the owner(s) and/or the tenant(s) will share the payment based upon the month(s) each occupied the unit during the Class Period.
PLEASE DO NOT CONTACT THE COURTS OR DEFENDANTS WITH INQUIRIES ABOUT THIS SETTLEMENT.
All inquiries should be directed to Class Counsel or the Claims Administrator.