ID casualties payout bonanza
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• A legal ruling on the payouts due to workers of the nowdefunct Leyland Daf has given hope of a financial bonanza to thousands of drivers and transport managers made redundant by receivers in the past eight years.
It is estimated that about 500 hauliers have gone into receivership over the period.
A High Court ruling last month on both Leyland Daf and
Ferranti says employee:, retained for more than 14 days after the appointment of a receiver should be able to claim some severance terms from the receiver.
Leyland Dafs receiver Arthur Anderson is expected to appeal against the ruling, which has been estimated could cost at least .C3.5m in notice monies for the 957 eligible staff.
But solicitors working for the Amalgamated Engineering Union, which represented those staff, say they are confident of rebuffing the appeal when the case goes to the House of
Lords in December.
If successful, it will open the way for the thousands made redundant within 14 days by receivers between 1986 and March 1994.
Since March, the president of the Board of Trade, Michael Heseltine, has introduced legislation removing responsibility from receivers.