Hydro One has appealed the August 1, 2007 decision of the Financial Services Tribunal to the Divisional Court. The Tribunal decision directed the Superintendent to order a partial wind up of the Hydro One Pension Plan with respect to all management plan members who ceased to be employed by Hydro One from September 1, 2002 to December 31, 2002.
Updated on September 5, 2007
The Appeal is scheduled to be heard by the Divisional Court on February 8, 2008.
Updated on January 8, 2008
On February 8, 2008, the Divisional Court heard the appeal and reserved its decision.
Updated on February 8, 2008
On March 27, 2008, the Divisional Court dismissed the appeal with costs payable by Hydro One to the management members who were respondents in the appeal.
Updated on April 16, 2008
On April 9, 2008, Hydro One applied to the Court of Appeal for leave to appeal the Divisional Court's decision.
Updated on June 4, 2008
On October 9, 2008, the Court of Appeal granted leave to Hydro One to appeal the Divisional Court’s decision.
Updated on November 4, 2008
The appeal is scheduled to be heard by the Court of Appeal on May 12, 2009.
Updated on January 13, 2009
The appeal has been adjourned from May 12 to September 8, 2009.
Updated on April 21, 2009
On September 8, 2009, the appeal was argued at the Court of Appeal. The Court reserved its decision.
Updated on September 14, 2009
Financial Services Commission of Ontario