SKYAIRWORLD: Management to take "Leave?
Moderator
I know I said "One last time" but .........
All known creditors - and staff are now creditors - will receive notice of the creditor's meeting from the Administrator. The Administrator is bound to act on behalf of, and in the best interests of all creditors.
Attached to that Notice of Creditor's Meeting will be a Proxy Vote Form on which a creditor may authorise one person to represent their individual interests.
If all staff nominated one representative to act and vote on their behalf, the meeting outcome could/may/may be/may be not rather interesting.........
I am not suggesting that this action, or any action, will improve staff access to their entitlements. But it will give staff some collective involvement and interest in carving up the crumbs.
Do you honestly think that would work having a number of the staff there expressing their shared views?
If so, what kind of numbers are we looking at?
I'm sure if I rocked up alone, or with one other person, we would likely to be laughed at.
If so, what kind of numbers are we looking at?
I'm sure if I rocked up alone, or with one other person, we would likely to be laughed at.
...because it is unlikely that the Administrator will phone us or mail us with the detail. The Administrator is not interested in our welfare, capiche?
All known creditors - and staff are now creditors - will receive notice of the creditor's meeting from the Administrator. The Administrator is bound to act on behalf of, and in the best interests of all creditors.
Attached to that Notice of Creditor's Meeting will be a Proxy Vote Form on which a creditor may authorise one person to represent their individual interests.
If all staff nominated one representative to act and vote on their behalf, the meeting outcome could/may/may be/may be not rather interesting.........
I am not suggesting that this action, or any action, will improve staff access to their entitlements. But it will give staff some collective involvement and interest in carving up the crumbs.
Tailwheel, my concern is that the Administrator could, perhaps, mail us with details of a meeting, but time the mail-out so that by the time we receive it, the meeting is over. I have seen this done before.
After all, we are dealing with a company so disorganised and devious that they can't/won't send us our payslips. I would not be surprised if HR did not have a full list of staff private email and contact numbers.
They were not even capable of maintaining proper check and training records for pilots. They emailed us on several occasions with requests to tell them what courses and qualifications we had achieved, even after said courses had been conducted in-house.
Employees? - how many did we have again? Hopeless.......
After all, we are dealing with a company so disorganised and devious that they can't/won't send us our payslips. I would not be surprised if HR did not have a full list of staff private email and contact numbers.
They were not even capable of maintaining proper check and training records for pilots. They emailed us on several occasions with requests to tell them what courses and qualifications we had achieved, even after said courses had been conducted in-house.
Employees? - how many did we have again? Hopeless.......
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Theres the bit I wanted...
Thank-You
I am not suggesting that this action, or any action, will improve staff access to their entitlements. But it will give staff some collective involvement and interest in carving up the crumbs.
Moderator
Tailwheel, my concern is that the Administrator could, perhaps, mail us with details of a meeting, but time the mail-out so that by the time we receive it, the meeting is over. I have seen this done before.
After all, we are dealing with a company so disorganised and devious that they can't/won't send us our payslips.
After all, we are dealing with a company so disorganised and devious that they can't/won't send us our payslips.
The Administrator, however appointed, is bound to act in accordance with company and insolvency law. He is there solely to protect the creditor's interests and ensure equitable distribution of the company assets in accordance with priority. He may take direction from the company creditors or if required, form a creditors management committee or committee of inspection.
The Administrator is entitled to investigate the activities of the company and activities of the Directors in respect to company assets prior to Administration. He may require preferential payments (past transactions) made by the company prior to Administration, be undone and/or disgorged by the recipient(s).
The Administrator may recommend or initiate legal action against the Directors and Officers, if appropriate.
The Administrator may be removed or replaced by a decision of a majority (by number and value) of creditors.
An insolvency regime is a necessary part of the legal system in a capitalist economy. That is because a means is needed for dealing with businesses that fail, and individuals who cannot pay their debts. An insolvency regime is required to ensure that in those circumstances the insufficiency of assets is equitably distributed amongst the creditors. To ensure equitable distribution, liquidators and trustees in bankruptcy are given powers to enforce claims to assets and undo past transactions.
Insolvencies often raise legal, practical and theoretical questions of considerable interest, which are by no means confined to a narrow concept of 'insolvency' itself.
Insolvencies often raise legal, practical and theoretical questions of considerable interest, which are by no means confined to a narrow concept of 'insolvency' itself.
Corporations Amendment (Insolvency) Act 2007.
Reading this thread, perhaps someone should seek independant advice, as my comments appear to be falling on deaf ears! I'm really here!
Disclaimer: As a Moderator I can not and will not express a personal opinion on the company or the actions of it's officers. My comments are strictly what I believe creditors rights may be in the event of a company being placed into external Administration and should be verified independently with a competent and qualified authority.
Reading this thread, perhaps someone should seek independant advice, as my comments appear to be falling on deaf ears!
Get organised, make yourselves known to the Administrator (assuming you can't count on the company to have made all staff details available to him) and keep yourselves informed of his progress.
If the cupboard is bare; push for an early liquidation so you can get your claims in to GEERS.
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Hey guys listen to Tail wheel he is trying to help you.
I was not employed by SAW but it is time for you guys to stand up and go with a combined voice to the creditors meeting and ask the difficult questions and demand some answers.
The owners and senior management of this company need to be forced to stand up and account for their collective actions which sent this company into liquidation.
Best of luck and I hope you get some answers and whta is owed to you.
I was not employed by SAW but it is time for you guys to stand up and go with a combined voice to the creditors meeting and ask the difficult questions and demand some answers.
The owners and senior management of this company need to be forced to stand up and account for their collective actions which sent this company into liquidation.
Best of luck and I hope you get some answers and whta is owed to you.
Most importantly, in the end remember it was just a job.(read the rest first!)
The most important thing is you stay healthy, keep your head high and worry only about things you have some control over.
Somehow, someway you will get through it and in a few years you have a warry to tell about your time at saw. I don't know to many people who don't have a company on their resume that doesn't exist anymore.
Its how you get through the tough times that define who you are.
Good luck, stand together. Work towards your future.
The most important thing is you stay healthy, keep your head high and worry only about things you have some control over.
Somehow, someway you will get through it and in a few years you have a warry to tell about your time at saw. I don't know to many people who don't have a company on their resume that doesn't exist anymore.
Its how you get through the tough times that define who you are.
Good luck, stand together. Work towards your future.
As pianokeys says:
Here's some more stuff that may help ex-SAW folks:
Australian Securities and Investments Commission - Information for creditors
Hey guys listen to Tail wheel he is trying to help you.
Here's some more stuff that may help ex-SAW folks:
Australian Securities and Investments Commission - Information for creditors
Not confirmed, but Administrator believed to be PA Lucas & Company www.palco.com.au
Good stuff in layman's language on their website anyway.
Good stuff in layman's language on their website anyway.
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Lets stop this petty blaming of inviduals that at the end of the day did not want to see the company fold, if crew are happy to take un safe aircraft then fine but don't blame those professional engineers that wouldn't break the rules to to cover for there managers. While I'm on Barb find out you facts first as to who was involved in the cock up of the late FMS update, I think you will find it was Cane Toad and his crew not the line engineers, who where trying to get the 170 check done although try to work out which came first chicken or the egg may have been easier. The 2 organisers of that check couldn't organise a p*ss up in a brewery.
Doc planning boards and work sheets will never catch on, Veggie racks and Tech Logs are the way forward.
This is the administrators contact.
PA Lucas & Co
Phone:32325200
http://www.palco.com.au
The contact dealing with SAW is Heather,
email: [email protected]
You need to supply them with:-
1. your up to date contact details, as the addresses on the paperwork from the company to you were in many instances incorrect;
2. an outline of any other monies owing to you.
Lets stand together and get our money from this crook. I will also be at the meeting or proxy vote a joint speaker.
If DJC is an Officer and a gentleman my Dick's a Kipper.
Doc planning boards and work sheets will never catch on, Veggie racks and Tech Logs are the way forward.
This is the administrators contact.
PA Lucas & Co
Phone:32325200
http://www.palco.com.au
The contact dealing with SAW is Heather,
email: [email protected]
You need to supply them with:-
1. your up to date contact details, as the addresses on the paperwork from the company to you were in many instances incorrect;
2. an outline of any other monies owing to you.
Lets stand together and get our money from this crook. I will also be at the meeting or proxy vote a joint speaker.
If DJC is an Officer and a gentleman my Dick's a Kipper.
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All you ex SAW staff out there please lets put aside our recent past activities and get together at the creditors meeting and nail these fatherless sons of female canines.
If we don't, then you are not just doing yourself out of the satisfaction of seeing DJC and his cronies squirm, but everyone else. Don't be selfish we were all screwed by them so lets all screw them.
If we end up with nothing then we are quits but if we see them fall and perhaps end up with enough for a carton of beer then it will have been worthwhile.
See you ALL at the meeting and if you are really good I might stand you a beer afterwards.
Keep up the fight and lets see some of that renowned aussie mateship!!
If we don't, then you are not just doing yourself out of the satisfaction of seeing DJC and his cronies squirm, but everyone else. Don't be selfish we were all screwed by them so lets all screw them.
If we end up with nothing then we are quits but if we see them fall and perhaps end up with enough for a carton of beer then it will have been worthwhile.
See you ALL at the meeting and if you are really good I might stand you a beer afterwards.
Keep up the fight and lets see some of that renowned aussie mateship!!
Last edited by The Hooker; 16th Mar 2009 at 07:49.
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For those who are interested, career opportunities with the administrator.
P.A. Lucas & Co.
It should be a growth sector of the economy for the near future!!!
P.A. Lucas & Co.
It should be a growth sector of the economy for the near future!!!
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If we don't, then you are not just doing yourself out of the satisfaction of seeing DJC and his cronies squirm
Everyone has been screwed over one way or another in this whole cherade. So in the spirit of all the previous posts, I agree we should all band as one and get these two crooks. I know we never did it at SAW, but can we try now and give these two the right royal ass f&^%ing they both deserve from their prison cells!
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Creditors Meeting
The administrator advised that the Creditors Meeting is held 8 business days after the company was placed into VA, so by my counting that would be Wednesday the 25th March, place TBA.
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Spoke to GEERS- and right back at "BROKE IT"
Spoke to GEERS today. They informed me I can lodge my claim. However, we have to officially wait for SAW to enter liquidation – and who knows how long that will be? In addition, our claims may take between 5 weeks or 5 months to be finalised, going by what the GEERS officer told me today.
@ Broke It.
“While I'm on Barb find out you facts first as to who was involved in the cock up of the late FMS update, I think you will find it was Cane Toad and his crew not the line engineers, who where trying to get the 170 check done although try to work out which came first chicken or the egg may have been easier.”
Engineer Shmengineer, who cares whose job it was it should have been done!! Especially if Honeywell forwarded the update CD to us 2 weeks prior to the expiry of the FMS. The A/C was only sitting at PAPA for 2 days doing nothing. I’m sure someone could have sent out an email reminding ANYONE in engineering that the FMS needs to be updated. See that’s what I mean – who cares about shifting the blame if you guys had structure and collaboration rather then autonomy and creating silos things may have been different and latent problems and issues would have been ironed out.
Them da facts jack!
@ Broke It.
“While I'm on Barb find out you facts first as to who was involved in the cock up of the late FMS update, I think you will find it was Cane Toad and his crew not the line engineers, who where trying to get the 170 check done although try to work out which came first chicken or the egg may have been easier.”
Engineer Shmengineer, who cares whose job it was it should have been done!! Especially if Honeywell forwarded the update CD to us 2 weeks prior to the expiry of the FMS. The A/C was only sitting at PAPA for 2 days doing nothing. I’m sure someone could have sent out an email reminding ANYONE in engineering that the FMS needs to be updated. See that’s what I mean – who cares about shifting the blame if you guys had structure and collaboration rather then autonomy and creating silos things may have been different and latent problems and issues would have been ironed out.
Them da facts jack!
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Barb
Updates emailed directly to head of TS from Honeywell, not from a disc.
How do suppose line engineers then get mentioned updates?
Up to LMM to direct appropriate license coverage and manpower to cover due maint.
All line engineers were re-directed during final weeks/months to E170 check at JC leaving lineops up to TS dep. As we have said previously, unfortunately out of our control, we wanted to work together but were never included.
As you said, these are the facts.
All should stop focussing on blaming those who wanted it to work.
Updates emailed directly to head of TS from Honeywell, not from a disc.
How do suppose line engineers then get mentioned updates?
Up to LMM to direct appropriate license coverage and manpower to cover due maint.
All line engineers were re-directed during final weeks/months to E170 check at JC leaving lineops up to TS dep. As we have said previously, unfortunately out of our control, we wanted to work together but were never included.
As you said, these are the facts.
All should stop focussing on blaming those who wanted it to work.