Wednesday, March 28, 2012

Saint John Mayor Wants Respect From Ferguson Lawyer

Saint John Mayor Ivan Court clashed with the lawyer for John Ferguson at the former Common Councillor -- and current St. Stephen Town Manager's trial for defamation.

Court admonished Gillis to show him some respect as Mayor and member of Common Council. Gillis was pressing Court on whether he had an obligation to the taxpayer in 2003 to make changes to the city's pension plan. Court told the jury the city received actuarial advice in 2006 not to make any changes because the plan was in good shape but then the financial collapse happened in 2008.

Court maintains there was no mismanagement on the part of the pension board even with a deficit exceeding 190 million dollars.

Ferguson's lawyer, Rod Gillis told Court the only people who are losing are the taxpayers but the Mayor disagreed with the suggestion that the pension plans financial woes will drive the city into bankruptcy.

Court admits he was never comfortable with the early retirement buyouts but told the jury Ferguson went down a dangerous road and was reckless.