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Sparrow's Thoughts Of Today At The Proceedings

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Post by Nemo Thu 14 Feb 2013, 19:33

Yes, I believe we got the best deal possible based on historical class action suits. Would I like not to pay taxes? Sure, no one likes taxes but we would have had to pay taxes on it anyways. Though legal fees may seem high to most, the amount is well within range for class action suits or actually a lot less. So thanks to Dennis, the legal team and all those (inc Sparrow) who have been keeping us informed of what is going on now.

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Post by Guest Thu 14 Feb 2013, 19:13

It is a fair offer and we are fortunate to have what we will be receiving and based on what I learned today NO VET WILL BE LEFT BEHIND and there will be independant administrator to work with....so rest easy it is almost at completion.
Sparrow


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Post by PipperNavy Thu 14 Feb 2013, 19:12

Still wish Sisip was out of the picture .. but atleast they'll be monitored by an independant firm .. Cause I'm sure alot of us Hate those pricks ..
Thank you Sparrow
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Post by Guest Thu 14 Feb 2013, 19:11

Re: GoC paying part or all of legal fees. Not legally required to but I believe Justice Barnes will be fair and do as much as he can legally do on our behalf without jeopardizing the offer as stands. Judge even said to be cautious about going to trial...so keep the faith.

Sparrow

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Post by Guest Thu 14 Feb 2013, 19:06

Tomorrow morning at 9:30 the Judge will hear the Crown lawyers and then closing comments by McInness Cooper. I would think the Justice will want to get this to conclusion for the vets as soon as possible. He is a fair man and genuienely listened and cares about us vets. Will finish at noon tomorrow.

great day..emotional, informative and closure all in one....
Sparrow.


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Post by Guest Thu 14 Feb 2013, 18:59

duplicate post


Last edited by Sparrow. on Thu 14 Feb 2013, 19:07; edited 1 time in total

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Post by ceedee Thu 14 Feb 2013, 18:57

Thanks sparrow, good job girl

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Post by Guest Thu 14 Feb 2013, 18:55

Thank you for all your hard work Sparrow.

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Post by Guest Thu 14 Feb 2013, 18:50

Was it approved?

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Post by meathead Thu 14 Feb 2013, 18:40

thanks Sparrow
Tom

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Post by Guest Thu 14 Feb 2013, 18:39

Everyone there in attendance came away feeling that this is the best deal possible.

Sparrow

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Post by Wife of a Veteran Thu 14 Feb 2013, 18:32

.


Last edited by Wife of a Veteran on Fri 08 Mar 2013, 20:29; edited 1 time in total (Reason for editing : .)

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Post by Guest Thu 14 Feb 2013, 18:18

Here are my notes, learned facts and interpretations of the proceedings in point form for ease:

In no particular order just as I wrote them:

- Dennis Manuge has been through hell since 2006 when he commenced this case. He has been involved and done immense work on all our behalf. Dennis deserves the honorarium more than $50,000 and will likely get one. It does not come from our pockets it will come from legal contingency amounts.

-We are fortunate that the Crown did not take this to trial as we would have received less ultimately, fewer vets would be entitled to the settlement as the GoC was being fair when they allowed case to go back to 1976 and this came from Judge Barnes. It would take another 2-3 litigation years. Meanwhile the Feds (this is very important to remember and has occurred previously with other class action suits based on evidence today by Ward Branch) that it could likely get legislated out and we could have no case at that point. It has occurred with other class action cases again brought forth today this fact and actual cases noted.

-For those vets that are concerned they will not be reinstated by sisip or there are any calculation disputes there will be Independant Administrator name Laura Burns paid by the firm and not from vets in any way made available for us to work with sisip.

- Sisip will also be monitored by an independant firm name Deloits who will look over sisips shoulder at all times again paid by McInness Cooper and from their pockets not ours.

- Historically based on what was presented today by McInnes Cooper, their fees are well within line of any class action case and statistically are infact less.


- taxes can not be changed and statistics show class actions don't even try to help class however our lawyers took an extra step to help us.

BASED ON WHAT I LEARNED TODAY FIRST HAND WE HAVE BEEN TREATED FAIRLY BY LEGAL AND HAVE RECEIVED THE BEST DEAL POSSIBLE. THEY WENT ABOVE AND BEYOND WHAT THEY HAD TO DO FOR US.

What we need to know is there are alot of items in the agreement that was worked for us that did not have to be put in place in such a manner that it was.

-Taxes not likely going to change.

-Judge Barnes only says yes or no at this point to the agreement as stands.


Sparrow

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