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Record W2263549130

Facets of Fairness: Kidd v. Canada Life Assurance Company and the Approval of Class Action Settlements

2015· article· en· W2263549130 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.
aboutThe title or abstract carries a Canadian signal from the geographic lexicon.

Bibliographic record

VenueSSRN Electronic Journal · 2015
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicDispute Resolution and Class Actions
Canadian institutionsUniversity of Saskatchewan
Fundersnot available
KeywordsSettlement (finance)Class actionAppealContext (archaeology)LawPensionPolitical scienceHuman settlementSociologyLaw and economicsBusinessFinanceHistoryArchaeology
DOInot available

Abstract

fetched live from OpenAlex

Kidd v. Canada Life Assurance Company is one of the most important decisions in class action settlement law since Dabbs v. Sun Life Assurance Co of Canada. After an extensive campaign to secure class support, a pension surplus action was certified and settled. Shortly thereafter, it came to light that the actuarial assumptions on which the parties had proceeded were incorrect. On the basis that the settlement was no longer workable, class counsel moved to enjoin Canada Life from implementing it.Instead of that motion being argued, the parties negotiated an amended settlement. Numerous class members objected. Justice Perell characterized the situation as a choice between two courses where neither was substantively, procedurally, institutionally, or circumstantially fair. He rejected the amended settlement, finding that it would be inconsistent with the court’s responsibilities to approve an unfair settlement just because it is the better of two unfair choices. On the eve of an appeal from this decision by class and defence counsel, the parties negotiated a new amended settlement, which was approved.The case is notable for articulating a four-faceted approach to analyzing settlement fairness: a class action settlement should be substantively, procedurally, institutionally, and circumstantially fair. The author, after providing a pension law primer and a summary of the proceedings, discusses what the fourfold fairness test means in the context of both Kidd itself and the settlements that have been approved since Kidd and that purport to apply it.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.841
Threshold uncertainty score0.945

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.020
GPT teacher head0.230
Teacher spread0.210 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it