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Gascogne SA Announces Outcome of Its Appeal in Case Brought by Former Employees of Givet Site


Tuesday, 19 Nov 2013 12:00pm EST 

Gascogne SA announced the result of its appeal in the case brought by former employees of its Givet site. On May 16, 2011, an industrial tribunal had ruled that Gascogne Laminates should pay EUR 0.9 million in damages to 55 employees who had been made redundant in 2008. The Company obtained a suspension of the payment and filed an appeal. On September 9, 2013 the Appeal Court ruled that Gascogne Laminates should pay damages and interest to the former employees as well as refunding part of the compensation paid by Assedic. This is estimated to represent a total sum of EUR 1.3 million. Gascogne SA may take the case to the Supreme Court of Appeal. 

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