Pension Trial Update – Argument Phase of the Trial Completed

May 09, 2007 Lawyers for both parties completed the trial on Thursday May 3, 2007. Lawyers had previously filed detailed written arguments and, for the plaintiffs, a separate reply submission in response to the Attorney General’s written argument. The oral argument was relatively brief having regard to the written submissions.
Justice Panet reserved his decision. It is always difficult to predict how long it will take before a decision is rendered. In this case, since there is so much evidence and so many complicated legal issues, we expect that it will be several months if not more before a decision is rendered.