Director, OWCP v. Peabody Coal Co ( 2003 )


Menu:
  • 5(&200(1'(' )25 )8//7(;7 38%/,&$7,21 3XUVXDQW WR 6L[WK &LUFXLW 5XOH   'LUHFWRU2:&3Y 1R (/(&7521,& &,7$7,21  )(' $SS 3 WK &LU 3HDERG\&RDO&RHWDO )LOH 1DPH DS BBBBBBBBBBBBBBBBB 81,7('67$7(6&28572)$33($/6 &2816(/ )257+(6,;7+&,5&8,7 $5*8('  7LPRWK\ 6 :LOOLDPV 81,7(' 67$7(6 BBBBBBBBBBBBBBBBB '(3$570(17 2) /$%25 :DVKLQJWRQ '& IRU 3HWLWLRQHU0DUN(6RORPRQV*5((1%(5*75$85,* :DVKLQJWRQ'&IRU5HVSRQGHQWV21%5,()7LPRWK\ ',5(&725 2)),&( 2) ; 6 :LOOLDPV &KULVWLDQ 3 %DUEHU 81,7(' 67$7(6 :25.(56j &203(16$7,21  '(3$570(17 2) /$%25 :DVKLQJWRQ '& IRU 352*5$06 81,7(' 67$7(6  3HWLWLRQHU  0DUN ( 6RORPRQV /DXUD 0HWFRII .ODXV  1R *5((1%(5* 75$85,* :DVKLQJWRQ '& IRU '(3$570(17 2) /$%25  5HVSRQGHQWV 3HWLWLRQHU !   BBBBBBBBBBBBBBBBB Y  23,1,21  BBBBBBBBBBBBBBBBB 3($%2' 7UXVW)XQG@LVWKXV GRHVQRWGLVSXWH$VDUHVXOW3HDERG\&RDOFRQWHQGVWKDWWKH FOHDUO\ YHVWHG LQ WKH GLVWULFW FRXUWVl  HPSKDVLV DGGHG  GLVSXWHLVVROHO\DPDWWHURIFROOHFWLRQDQGUHLPEXUVHPHQW 3HDERG\&RDOSDLGWKHIHGHUDOEHQHILWVRQ0U*LYHQVjVLQLWLDO ZLWK MXULVGLFWLRQ IRU WKH HQIRUFHPHQW RI WKH '2/jV RUGHU FODLPDQGGRHVQRWGLVSXWHWKDWLWZRXOGEHWKHUHVSRQVLEOH UHVWLQJH[FOXVLYHO\LQWKHGLVWULFWFRXUW RSHUDWRUIRU0UV*LYHQVjVVXUYLYRUEHQHILWVZHUHLWQRWIRU WKHRYHUSD\PHQW,WLVWKXVGLVSXWLQJLWVREOLJDWLRQWRUHVXPH 7KH 'LUHFWRU SODFHV KHDY\ HPSKDVLV RQ ODQJXDJH LQ WKH SD\PHQW LQ OLJKW RI WKH  VHWRII DJUHHPHQW QRW 0UV /RQJVKRUH DQG +DUERU :RUNHUVj &RPSHQVDWLRQ $FW WKDW *LYHQVj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jVLQLWLDO DQG LQ DFFRUGDQFH ZLWK VXFK VHFWLRQ LVVXH D QHZ DZDUG RI EHQHILWV  ,W ZDV RQO\ DIWHU WKH RSHUDWRU DGPLWWHG FRPSHQVDWLRQ RUGHU ZKLFK PD\ WHUPLQDWH FRQWLQXH OLDELOLW\WKDWWKHRSHUDWRUDQGWKH'LUHFWRUEHFDPHLQYROYHGLQ UHLQVWDWH LQFUHDVH RU GHFUHDVH VXFK FRPSHQVDWLRQ RU DGLVSXWHRYHUWKHUHLPEXUVHPHQWDPRXQWRZHGWRWKH7UXVW DZDUGFRPSHQVDWLRQ )XQG,GDW7KH'LUHFWRUDUJXHVWKDW0UV*LYHQVjV FODLPRIHQWLWOHPHQWLVDOVRFRQWHVWHGEXWWRGRVRKHPXVW 86&†7KLVLVSUHFLVHO\ZKDWWKHGLVWULFWGLUHFWRU LJQRUHWKHKLVWRU\RIWKH*LYHQVHVjFODLPDQGWKHPDQQHULQ GLGLQ0UV*LYHQVjVFDVH+HUVWDWHFRPSHQVDWLRQUDQRXWLQ ZKLFKDPLQHUjVZLGRZEHFRPHVHQWLWOHGWREHQHILWV DQGWKHGLVWULFWGLUHFWRUPRGLILHGKHUDZDUGLQWR UHIOHFWWKDWFKDQJH7KHIODZLQWKH'LUHFWRUjVORJLFKRZHYHU 1R 'LUHFWRU2:&3Y   'LUHFWRU2:&3Y 1R 3HDERG\&RDO&RHWDO 3HDERG\&RDO&RHWDO 8QGHU WKH DSSOLFDEOH UHJXODWLRQV DW WKH WLPH 0U *LYHQV UHQGHUVWKHDPRXQWRI0UV*LYHQVjVFODLPLQGHWHUPLQDWHDQG ZDVIRXQGHOLJLEOHWRUHFHLYHEHQHILWV&)5† WKXVDQLVVXHRIDJHQF\GHWHUPLQDWLRQ 0UV*LYHQVZDVDXWRPDWLFDOO\HQWLWOHGWRVXUYLYRUjVEHQHILWV XSRQ KHU KXVEDQGjV GHDWK  7KLV PHDQV WKDW WKH UHOHYDQW 3HDERG\ &RDOjV DVVHUWLRQ RI D VHWRII KRZHYHU LV QRW D GHWHUPLQDWLRQRIWKHFODLPWRRNSODFHLQQRWLQ IDFWRUWREHFRQVLGHUHGLQGHFLGLQJZKHWKHUWKHDJHQF\KDV ZKHQ 0U *LYHQV GLHG QRU LQ  ZKHQ WKH 7UXVW )XQG ILQDOL]HGDEODFNOXQJEHQHILWVFODLP,QVWHDGWKHHTXLWDEOH EHJDQ SD\LQJ EHQHILWV WR 0UV *LYHQV  7KH IDFW WKDW 0UV LVVXH UDLVHG E\ 3HDERG\ &RDOjV GHIHQVH WR WKH 'LUHFWRUjV *LYHQV KDV DQ HQWLWOHPHQW WR VXUYLYRUjV EHQHILWV DQG WKDW UHLPEXUVHPHQWGHPDQGLVSDUDOOHOWRWKHLVVXHVLQ9DKDOLN 3HDERG\ &RDO LV WKH UHVSRQVLEOH RSHUDWRU KDV DOUHDG\ EHHQ ZKHUHWKHFRXUWVXSSRUWHGLWVUHVXOWE\QRWLQJZLWKUHJDUGWR GHWHUPLQHG$VDUHVXOWWKLVFDVHUHSUHVHQWVDFODVVLF9DKDOLN WKH SHWLWLRQHUjV OHJDO DQG HTXLWDEOH GHIHQVHV WKDW WKH VLWXDWLRQm2QFHILQDOHOLJLELOLW\DQGOLDELOLW\GHWHUPLQDWLRQV m>G@LVWULFWFRXUWVDUHZHOOYHUVHGLQVXFKPDWWHUVRIODZDQG DUHPDGHKRZHYHUWKHEHQHILWVRIDJHQF\H[SHUWLVHEHFRPH HTXLW\DQGDGPLQLVWUDWLYHDJHQFLHVDUHQRWl9DKDOLN LUUHOHYDQWDQGMXULVGLFWLRQLVYHVWHGLQGLVWULFWFRXUWVIRUWKH )GDW HQIRUFHPHQWRIDJHQF\RUGHUVl9DKDOLN)GDW 'HVSLWHWKH'LUHFWRUjVDWWHPSWWRFKDUDFWHUL]HWKHSUHVHQW %RWKWKH$/sDQGWKH%HQHILWV5HYLHZ%RDUGEDVHGWKHLU GLVSXWH DV RQH FRQFHUQLQJ WKH LQLWLDO GHWHUPLQDWLRQ RI D GLVPLVVDO IRU ODFN RI VXEMHFW PDWWHU MXULVGLFWLRQ XSRQ WKH EHQHILWVFODLPLWLVLQUHDOLW\DFROOHFWLRQDFWLRQWRHQIRUFHWKH UHDVRQLQJRI9DKDOLN7KLVGHWHUPLQDWLRQLVFRQVLVWHQWZLWK DGPLQLVWUDWLYHDJHQF\jVRUGHU7KH$/sDQGWKH%RDUGWKXV WKHDSSOLFDEOHSURYLVLRQRIWKH%ODFN/XQJ%HQHILWV$FW ODFN MXULVGLFWLRQ WR GHFLGH WKLV GLVSXWH  86& † E  $  ,QDQ\FDVHZKHUHWKHUHKDVEHHQDUHIXVDORUQHJOHFWWR SD\ WKH OLDELOLW\ LPSRVHG XQGHU >†  E  @ WKH ,,,&21&/86,21 6HFUHWDU\PD\EULQJDFLYLODFWLRQLQDGLVWULFWFRXUWRIWKH 8QLWHG 6WDWHV WR HQIRUFH WKH OLHQ RI WKH 8QLWHG 6WDWHV )RU DOO RI WKH UHDVRQV VHW IRUWK DERYH ZH $)),50 WKH XQGHU WKLV VHFWLRQ ZLWK UHVSHFW WR VXFK OLDELOLW\ RU WR GHFLVLRQRIWKH%HQHILWV5HYLHZ%RDUGGLVPLVVLQJWKHSHWLWLRQ VXEMHFWDQ\SURSHUW\RIZKDWHYHUQDWXUHRIWKHRSHUDWRU IRUODFNRIVXEMHFWPDWWHUMXULVGLFWLRQ RU LQ ZKLFK KH KDV DQ\ ULJKW WLWOH RU LQWHUHVW WR WKH SD\PHQWRIVXFKOLDELOLW\ 86&† E  $  )XUWKHUVXSSRUWIRUWKHGLVWULFWFRXUWjVMXULVGLFWLRQOLHVLQ WKHHTXLWDEOHQDWXUHRI3HDERG\&RDOjVDIILUPDWLYHGHIHQVH 2ISDUWLFXODUQRWHLVWKH'LUHFWRUjVIDLOXUHWRDGGUHVVWKHHIIHFW RIWKHVHWWOHPHQWDJUHHPHQWEHWZHHQ0UV*LYHQVDQG 3HDERG\&RDOWKDWSXUSRUWHGWRUHVROYHWKHRYHUSD\PHQWLVVXH E\ RIIVHWWLQJ IXWXUH SD\PHQWV GXH 0UV *LYHQV DV WKH VXUYLYLQJ ZLGRZ  7R WKH H[WHQW WKDW WKH 'LUHFWRU GRHV PHQWLRQ WKH VHWRII LVVXH LW LV RQO\ WR QRWH WKDW DQ\ VHWRII

Document Info

Docket Number: 01-4358

Filed Date: 6/2/2003

Precedential Status: Precedential

Modified Date: 9/22/2015