Hepatitis C - Class Actions Settlement
HomeSearchContact UsFrançaisPrivacy

Essential Information
Additional Information
Loss of Income / Loss of Support / Loss of Services
Periodic Re-Assessment by the Courts
Contacts and Links
Annual Reports

2002 Annual Report

Previous | Table of Contents | Next

Eckler Partners Ltd.

40. Eckler Partners Ltd. ("Eckler Partners") was retained by Class Counsel and subsequently the Joint Committee to provide actuarial advice in respect of the Trust Fund.

41. Attached as Schedule "M" is the report of Eckler Partners regarding their activities during the year ended March 31, 2002.

42. The Courts approved an annual budget for Eckler Partners of $68,000.00 for the year ended March 31, 2002 to be paid in monthly instalments of $5,666.67.

43. In the Year 1 Annual Report, it was anticipated that Eckler Partners would incur expenses beyond their approved annual budget in Year 2 in relation to the three-year actuarial study of the Trust Fund that they were commissioned to perform. The expenses incurred by Eckler Partners in this regard for the fiscal year ending March 31, 2002 have been significant. The costs of that actuarial study are still in process and are expected to be in the range of $270,000.00. The costs of the actuarial study will be dealt with by separate court application.

44. Eckler Partners has proposed and the Joint Committee recommends a budget, for actuarial services, in the amount of $40,000.00 for the year ending March 31, 2003.