Creditors show compassion

Contractors whose workers died in the Pike River mine will be paid.

Pike River Coal receiver PricewaterhouseCoopers today announced it would be making payments to the contractors who lost employees in the disaster that killed 29 men last month.

The company’s partners John Fisk, David Bridgman and Malcolm Hollis said they had reached an agreement with secured creditors to make the payments, which would cover the contractors’ labour costs.

There is no legal requirement for the secured creditors to do this and it could be argued not even a moral one when they are first in line for any payment.

This is not an act of obligation but one of generosity and compassion which might help make Christmas a little happier for those who have lost so much.

One Response to Creditors show compassion

  1. gravedodger's avatar gravedodger says:

    There has been so much to be proud of with the performance of those at the heart of the Pike River tragedy and this is another chapter. Peter Whittal, Supt Gary Knowles, the ‘Character of the Coast’ from the Families devastated by the deaths, the totally convincing performance of Mayor Kockshorn, the almost total absense of Pollies trying to gain exposure, the commitment to continue trying to bring the bodies of the dead home and now this act of compassion and duty to the dead contractors by the receivers all serves to remind us at this time how we as a nation can demonstrate the good within us.
    Kia kaha

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