Accumulated Time Off Pay System Upheld

Tuesday, November 16, 2004
In an unpublished decision, the U.S. Court of Appeals for the Fifth Circuit upheld the validity of the accumulated time off (ATO) pay system. In the instant case, the employment contract provided that the maritime employee worked for 30 days and was then off work for 15 or 30 days. Part of his pay was deferred so that he was paid during time he was not working.

Plaintiff sued his maritime employer, alleging that he was entitled to interest on deferred wages or that his wages should not have been deferred. The court held the ATO pay system is well-recognized, that plaintiff signed an employment contract acknowledging the system, and that plaintiff had on various occasions withdrawn monies early from his deferment account as permitted under the ATO pay system. Craven v. Canal Barge Company, Inc., No. 04-30379 (5th Cir. - HK Law).

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

New Binding Law of The Sea Agreement Advanced

WOC Sustainable Ocean Summit (Singapore, 9-11 November 2015) Will Enable Industry to Organize its Input to this Major New Ocean Treaty Development The U.N.

Oceans Can’t Take Any more: Researchers Fear Fundamental Change

Our oceans need an immediate and substantial reduction of anthropogenic greenhouse gas emissions. If that doesn’t happen, we could see far-reaching and largely

Teekay LNG Partners Declares Distribution

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended June 30, 2015. The cash distribution is payable on August 14,

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1122 sec (9 req/sec)