PPRuNe Forums - View Single Post - Former Ansett workers settle payments dispute
Old 25th Nov 2003, 09:45
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Johhny Utah
 
Join Date: Nov 1999
Location: Sydney, Australia
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Ansett administrators have $415 million in the bank and will be able to pay out $300 million under the settlement, while keeping $115 million for other contingencies.
What sort of possible contingencies are they taking into account? Why don't they just release this money to the employees, and use any future sale of assets left to cover any contingencies....
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