Andrew Hatnay Comments on the Sears Canada CCAA Proceeding

August 18, 2017

Andrew J. Hatnay, head of the Pensions and Benefits group at Koskie Minsky has been quoted in various articles regarding the Sears Canada CCAA proceeding. To review the articles, please click on the following links:

• The Wall Street Journal: Sears Canada Pensioners Want Plan Wound Up
•  The Globe and Mail:
  Amid outcry, Sears Canada sets up ‘hardship fund’ for laid-off employees
  Sears Canada’s sale process sparks conflict-of-interest concerns
• BNN: ‘Totally unacceptable’: Sears Canada looks to suspend employee retirement benefits in restructure
• Financial Post: ‘Totally unacceptable’: Employees and retirees emerge as victims amid Sears restructuring plan
• Benefits Canada:
  Assessing the prospects of retiree motion to wind up Sears pension plan
  Ex-Sears Canada employees facing 19% cut in commuted-value payments
  Sears Canada agrees to continue special payments to DB plan, retiree benefits
• Global News: What Sears Canada’s case says about how safe your retirement benefits are
• CBC Radio Canada: Sears accepte de ne pas cesser les paiements au régime de retraite de ses retraités

If you are a retiree of Sears Canada, with questions about the proceeding, please contact us at searsrepcounsel@kmlaw.ca, 1 800 244 7120 or visit www.kmlaw.ca/searsrepcounsel where updates are posted as they occur.

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