Legal move could slow Sun Life suit settlement

Article Abstract:

Sun Life Assurance Co. of Canada's C$65-million settlement of a class-action lawsuit filed against the company for alleged vanishing premiums, is likely to be delayed due to further legal challenge it faces. The settlement, which has already been approved by courts in British Columbia, Ontario and Quebec, is being challenged by Jack McLean of Ontario, saying he will ask the Supreme Court of Canada to turn down the settlement. Lower courts have ruled McLean has no legal standing on the settlement, which involves approximately 400,000 Sun Life clients, because he was not a representative plaintiff in the class-action lawsuit.

Comment:

Its C$65-mil settlement of class-action suit involving alleged vanishing premiums, is likely to be delayed

Legal issues & crime, Life Insurance, Direct Life Insurance Carriers, Sun Life Assurance Company of Canada, Article

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Judge summons Milton, Hargrove in bid to rescue Air Canada talks

Article Abstract:

An Ontario judge has called the chiefs of Air Canada and the Canadian Auto Workers (CAW) union to a crucial meeting in Toronto for a bid to keep the airline's restructuring efforts alive. The summons by Justice Warren Winkler of the Ontario Superior Court came just hours after talks between CanadaEs biggest airline and the union collapsed.

Organizational history, Air Transportation, Scheduled, And Air Courier Services, Conferences, meetings and seminars, Airlines, Company restructuring/company reorganization, Reorganization and restructuring, Company organization, Air Canada, Canadian Auto Workers

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