4/3/2023 0 Comments Volante reports![]() ![]() It did not, however, sign two subsequent CBAs, governing the period Jto June 30, 1996. Appellees are the Trustees of the Local 282 Welfare, Pension Annuity and Job Training Trust Funds (the “Fund”), which were established pursuant to collective bargaining agreements (“CBA”) between Building Material Local 282 of the International Brotherhood of Teamsters (the “Union”) and various employers.Īppellant was a signatory to a CBA in effect from Jto June 30, 1990. We affirm.Īppellant is a New York truck rental company. Appellant argues that: (i) the district court lacked subject matter jurisdiction over appellees' claims because they arose from an alleged breach of unsigned collective bargaining agreements, (ii) the district court erred in determining that there were no triable issues as to whether appellant manifested its intent to adopt unsigned collective bargaining agreements, and (iii) the district court made several erroneous findings in connection with its damages award. appeals from Judge Gershon's orders granting appellees' motion for summary judgment and awarding damages. Wolf, Michael Bauman, William Anspach, of counsel), New York, New York, for Plaintiffs-Appellees.Ĭ. Ziskin, of counsel), Commack, New York, for Defendant-Appellant. Decided: October 08, 1999īefore: WINTER, Chief Judge, and KEARSE and McLAUGHLIN, Circuit Judges. Johnnie BROWN, Theodore King, Aldo Colussi, George Finch, Chester Broman, Joseph Ferrara, Frank Finkel, and Aniello Madonna, as Trustees and Fiduciaries of the Local 282 Welfare, Pension Annuity and Job Training Trust Funds, Plaintiffs-Appellees, v. "Customers are increasingly appreciating the advantages of our ‘agnostic’ approach to solutions.United States Court of Appeals,Second Circuit. Two hundred to 5000 seats is our target market," Penman said. "Our plan is for our three lines of business to grow faster than market rate. The next G8 desktop refresh was in 2008, Penman said in a presentation to investors. It spent $20.2 million in capex during the 2004-05 year, including on its G8 government contract refresh costs. Volante worked to better manage its working capital. Operating activities cashflow was $36.8 million for the year ending 30 June 2005, up from the previous year's $25.1 million. Meanwhile, demand for IT services was expected to continue this coming year, he said. "We intend to achieve these goals through delivering excellent service across all our lines of business, increasing investment in our employees' training and development and continuing to contain costs while targeting profitable growth." "Our principal focus is to make Volante the company our customers what to work with, ICT specialists want to work for and investors want to own," Penman said. ![]() Last year's results also included a one-off tax credit of $695,000 created on the restatement of deferred tax balances on the implementation of tax consolidation, the company said. This year's results also included a charge of $680,000 after tax, related to the restructuring. That period had been shortened from 15 to five years for 2005. "In addition to 12 months' revenue and amortisation from Ipex, 2005 results included a catch-up charge of $638,000 following the decision to shorten the amortisation period for Ipex' intellectual property," Volante said in a statement to the ASX. The company acquired boxbuilder Ipex in February 2004. Since then, several other new executives were appointed, including chief financial officer Stephen Rorie, who took the reins of that role in March, and former Citec boss Mark Rainbird, who became Volante's director of services in May. Penman was appointed chief executive in October last year. "This has been a year of transition for Volante," he said. The company had also strengthened its management team, Penman claimed. Its global remarketing business was sold off. The last financial year saw Volante review all operations and simplify the Group into three business units: professional services, managed services and product solutions. That trend was expected to continue on the back of further cost reductions, including an expected loss of 50 more staff in the near future, Penman suggested. "Our strategy to build Volante's services business resulted in services contributing over 50 percent of earnings for the first time." ![]() ![]() "We are strengthening operational and financial systems and processes to improve customer service and help increase profitability," he said in a statement. Ian Penman, chief executive of Volante Group, said the company's simplified structure had contributed to the positive results. IT services and solution provider Volante has reported a profit after tax, before amortisation, of $14.1 million on $443 million in revenue for the year to 30 June 2005. ![]()
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