The case

The business of one of AMP's star financial advisers appeared to have cut and pasted signatures on to loan contracts, including one for a $600,000 loan to a woman who knew nothing of its existence until AMP pursued her for repayments on it after her divorce.

A confidential review of the loan, conducted after a request for information from the NSW Police Fraud Squad, also exposed deficiencies in AMP's credit approval processes and recommended a review of 10 AMP Bank staff and the financial adviser, who has been an authorised representative of AMP for more than 30 years.

Question

Assume that

a)there is a class action against AMP, and the claim amounts to AUD 100 million;

b)the outcome of the case is a subsequent event.

How should the outcome of the case be managed if

i) it is against AMP;

ii)it is in favour of AMP?

i)AgainstAMP:__________________________________________________________________________

ii)In favour of AMP:_______________________________________________________________________