Parties
to an employment dispute reached an agreement to settle the matter outside of
Court. Under the agreement, party A was required to pay party B the sum of
$300,000 in accordance with an agreed payment plan. The parties agreed that the
Court would make a compliance order if party A failed to make payment on time.
The
Employment Court was required to make a compliance order directing party A to
pay party B $40,000 in accordance with the payment plan. This was the seventh
compliance order required in this case. The Court noted that if party A failed
to pay, party B could enforce payment of the debt.
The
Court also ordered party A to pay party B over $2,000 in interest on the unpaid
sum from the date of the default until the date of the compliance order plus
over $4,800 for legal costs and disbursements, in accordance with the
settlement agreement.
Alan Knowsley
Employment Lawyer
Wellington
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