Feedback from my last letter is that it's too long - by about 3:1.
They suggest about 100 words. Again, can we have some other letters,
either along similar lines, or squarely critisising GEERS.
Sir,
The workers of the furniture company (Lost job, pay, and marriage,
2/8) are not the only victims of GEERS. I was part of a group of 93
workers from a software company that also failed to gain a payout from
GEERS.
While I am disappointed that the Government wriggled out of paying us,
I see the real problem is that Corporations Law allows those running
companies to circumvent the requirements of the scheme.
Insolvency law is also too complex. The Government needs to remember
that most creditors only encounter such a procedure once in their lives.
Making insolvency law simple is the only true solution.
Nicholas Bishop, Vermont South (VIC).
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Nicholas Robert Bishop
<contact details>
Mob: 0438 366342
Ex-employee of Open Telecommunications Ltd, which entered voluntary
administration 12 July 2002, and executed a Deed of Company
Arrangement for the period Nov 2002 - 24 Dec 2003.
Group email (web site) http://au.groups.yahoo.com/group/otmushrooms/
-oOo-