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Old 24th Dec 2002, 05:12
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Airtart
 
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From Ansett Website

An update for former Ansett employees Update 06
24 December, 2002

Dear former employee,

UPDATE ON SUPREME COURT SUPERANNUATION CASE: The Supreme Court reconvened at 12 noon, yesterday Monday 23rd of December, 2002, to determine when it will make its orders following the Friday 20 December Supreme Court ruling in our favour on the Ground Staff Superannuation proceedings.

Her Honour Justice Warren today ordered that the matter return to court on 20 January 2003 at 9:30am. On that day, submissions will be made as to the final orders that should be made.

The appeal period will commence on the handing down of the Court's orders detailing the judgement.

Assuming that final orders are made on the 20th January, 2003, then the appeal time will start running immediately (14 days in which an appeal notice can be lodged).

We are of course very pleased with the initial ruling, and obliged to respect and follow court processes.

Critically, before any further redundancy instalments can be paid to employees we must now await the decision of the Trustees of the Ansett Australia Ground Staff Superannuation Plan as to whether there will be an appeal.

If there is no appeal, we intend to pay Instalment 1, being 10% of redundancy greater than 8 weeks, within 5 business days of the appeal expiry date.


Mark Korda
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