Originally Posted by notmyC150v2
if the bond is only 10K it may not be worth their while because of the cost of using a lawyer to get it back.
Surveillance Australia (NJS/Cobham group) chased a pilot named McLennan through magistrates court all the way to federal court for a similar amount.
Two things to think over:
1. One $10k bond might cost $30k or more to recover through the courts.
But if your organisation has a problem (or
thinks it has a problem) with another 20 or 30 similarly bonded pilots actively seeking work elsewhere out of a fleet of 70-odd pilots, then the numbers stack up the other way.
2. The courts are full of litigants and respondents that took action because they were p!ssed off, regardless of how it might work out financially. Often the total costs of securing 'justice' come as a nasty surprise.
Don't agree to a bond on the slim hope that 'they wouldn't enforce it.'
If it is in your contract, they can, and often they will.