Examples of Employee Representative Counsel in a sentence
Includes payments to the Applicants' legal counsel, the Monitor, Monitor’s legal counsel, Employee Representative Counsel and counsel to the directors and officers of the Nordstrom Canada Entities.
Employee Representative Counsel has indicated to the Monitor that only one specific area of the STIP claim, pertaining to STIP for TCC’s former Quebec employees (the “Quebec STIP Claim”) is still in dispute.
Employees who have opted out of representation by Employee Representative Counsel and who were terminated without cause on or after the Filing Date are entitled to a Termination Claim calculated using the methodology described in section i above.
The Sears Canada Entities, in consultation with the Monitor, and working closely with Employee Representative Counsel, developed the Termination Claims Methodology for the types of claims and the calculation of such claims that former Employees may have against the Sears Canada Entities in relation to the termination of employment.
The only Persons entitled to attend the Creditors’ Meeting shall be representatives of the Target Canada Entities and the Plan Sponsor and their respective legal counsel and advisors, the Monitor and its legal counsel and advisors, the Pharmacists’ Representative Counsel, the Employee Representative Counsel, the Employee Trust Trustee and his legal counsel and all other Persons, including the holders of Proxies, entitled to vote at the Creditors’ Meeting and their respective legal counsel and advisors.
The Sears Canada Entities, the Monitor and Employee Representative Counsel determined that it would be appropriate to establish an agreed-upon process or methodology for the quantification of Employee Claims given the large number of employees, the complex nature of those claims, the challenge of submitting individual proofs of claim, and the potential need for individualized legal advice.
As a former employee represented by Employee Representative Counsel, you are bound by the Termination Claims Methodology and will not be able to change the way your Termination Claim has been calculated (unless your claim has been valued at nil because you are alleged to have been fired for cause or to have resigned prior to your Termination Date.
In addition, the Monitor sent a copy of the Adjournment Notice by email to all Affected Unsecured Creditors and employees represented by Employee Representative Counsel for which the Monitor had email addresses.
For now, the only action you may need to take is to advise the Monitor and/or Employee Representative Counsel of a change of address.
In 2017 and 2018, the Sears Canada Entities, Employee Representative Counsel (“ERC”) and the Monitor (FTI Consulting Canada Inc.) reached an agreement on how employee claims would be processed and calculated.