Pre-Hearing Conference (PHC):
C. McNairn (Chair)
Hearing:
M. Milczynski (Chair)
K. Moore
S. Bharmal

On June 2, 2003, an Order was issued by the Ontario Superior Court of Justice in relation to Slater Steel Inc. pursuant to the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36.   The Order includes a stay of all proceedings.  The hearing in this matter originally scheduled for October 8-10, 15-16, 2003, therefore, did not proceed.

On February 23, 2006, the Tribunal issued to the Applicant, a Notice of Intention to Dismiss the proceeding in accordance with Rule 37 of the Rules of Practice and Procedure for Proceedings Before the Financial Services Tribunal.  On March 23, 2006, the Tribunal extended the notice period to April 10, 2006, in response to a request from a group of affected Plan members whose interests might be adversely affected by the Superintendent’s proposed partial wind up order, which was the subject of the proceeding before the Tribunal.  The basis of the request was to permit time for steps to be taken to review the Plan documents and related materials and to obtain expert actuarial advice.  On April 12, 2006, in the absence of any further representations from the potentially affected Plan members, the Tribunal dismissed the matter and issued a Notice of Dismissal.

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