Target Canada Corporation – October 27, 2015
October 26, 2015
On October 21, 2015 the Court approved an Employee Trust Claims Procedure Order, which may be viewed here.
If you have filed a claim against the Employee Trust, you can expect to receive one of the following documents from the Monitor:
- Notice of Resolution Letter – if the Monitor or a Target representative has contacted you to discuss your claim and considers the subject of your dispute to be resolved, you will receive a letter to confirm the terms of resolution. If you agree with the resolution, you do not need to do anything further.
- Notice of Trust Claim Revision or Disallowance – if the Monitor disagrees your with your Trust claim, or disagrees with the amount of your Trust claim, you will receive a letter to advise that it has been disallowed or revised to a different amount.
If you disagree that your Trust claim has been resolved in accordance with the terms of the Notice of Resolution Letter; or you disagree with the Notice of Trust Claim Revision or Disallowance, you may dispute these findings by delivering one of the following forms:
- Notice of Dispute of Resolution, along with written reasons outlining the basis for your dispute; or
- Notice of Dispute of Employee Trust Claim Revision or Disallowance, along with written reasons outlining the basis for your dispute.
The Notice of Dispute must be delivered within 28 days of receiving your Notice of Trust Claim Resolution or Revision or Disallowance. If you do not file your Notice of Dispute within the deadline, you will be deemed to accept the resolution, revision, or disallowance, and you will have no further right to dispute it. If you need assistance completing the Notice of Dispute, please contact Representative Counsel. The Notice of Dispute must be sent in accordance with the instructions on the form, to:
Alvarez & Marsal Canada Inc., Administrator
Royal Bank Plaza, South Tower 200 Bay St., Suite 2900, Box 22 Toronto ON M5J 2J1
Fax: (416) 857-5201 Email: targetcanadamonitor@alvarezandmarsal.com
Attention: Stephen Ferguson
Representative Counsel will continue to work with the Monitor to resolve claims and disputes. Where a dispute cannot be settled within a time period or manner that is satisfactory, the dispute will be referred to a Claims Officer or the Court for adjudication. The adjudication process will be decided in consultation with the decision maker, the Monitor, Representative Counsel, and the former employee.
If you have any questions or require assistance in completing the necessary documents, please contact Representative Counsel at 1.866.860.9364 or targetemployees@kmlaw.ca.
