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Pike River Coal receivership “very concerning”
13 December, 2010
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News that Pike River Coal is in receivership “very concerning”, EPMU
Today’s news that partners from PricewaterhouseCoopers have been appointed as receivers of Pike River Coal Ltd is very concerning, says the Engineering, Printing & Manufacturing Union (EPMU), the union representing coal miners at the company.
“This is very concerning news because it is now in doubt whether the men working for Pike River Coal Ltd will get their one month of notice paid out, redundancy payments and any other entitlements such as holiday pay,” says EPMU national secretary Andrew Little.
“This is a cruel blow just a couple of weeks before the Christmas holiday,” he says.
“We will now work with the receivers to clarify the situation and the entitlements that remain owing to the workforce.”
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