THE terms of a class action settlement over the Black Saturday bushfire in Victoria's northeast is almost complete.Residents and landholders affected by the fire sued an electricity company and government agencies over the February 2009 Beechworth-Mudgegonga fire.
A trial was due to begin in the Victorian Supreme Court at Wodonga yesterday, but the court was told it was likely there would be a settlement.
Today, barrister Lachlan Armstrong, for the plaintiffs, said the terms of the proposed settlement were now "substantially agreed".
He said some minor adjustments needed to be made, but the agreement would be similar to a class action settlement last year over the Horsham Black Saturday bushfires.
Mr Armstrong said he would be asking Justice John Dixon on Thursday to make orders approving a notice to be sent to class action members informing them of the proposed settlement.
The notice would also inform them of their rights in relation to the proposed settlement.
The fire burnt 32,000ha, destroyed 38 homes and claimed two lives.
The lead plaintiffs, Paul Mercieca and Amelia Coombes, are claiming damages for their personal injuries and for property damage to their rented residential and farm property.
The class action group includes all those who suffered property damage in the fire.
They are suing SPI Electricity Pty Ltd, Eagle Travel Tower Services Pty Ltd, the Department of Sustainability and Environment and Parks Victoria.
The matter will return to court on Thursday.