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A surprise decision was reached by the Ontario Court of Appeal yesterday. The court ruled in favour of the former employees of Indalex, a failed manufacturer of aluminum products, who were seeking to use the proceeds from the sale of the company’s assets to cover shortfalls in their under-funded pension plans. Usually pension-plan members are [...]
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Surprise Ontario court decision could be good news for protecting our pensions
Fri 08 Apr 2011 09:00:02 AM EDTA surprise decision was reached by the Ontario Court of Appeal yesterday. The court ruled in favour of the former employees of Indalex, a failed manufacturer of aluminum products, who were seeking to use the proceeds from the sale of the company’s assets to cover shortfalls in their under-funded pension plans. Usually pension-plan members are [...]
Posted by ForestTalk.com
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