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  • Who Owes Whom?

    WHO OWES WHOM?

    http://www.a1plus.am/en/economy/2009/12/24/ ara-zohrabyan
    24/12/09

    "It's not right when they choose the "Cafesjian Museum-Foundation"
    as the target. It had to be aimed at the DHAA Company," lawyer of the
    Foundation Ara Zohrabyan told "A1+" touching upon the protest organized
    by the group of employees working on the project near the Cascade.

    According to the employees, they work for the "Cafesjian
    Museum-Foundation" and have helped construct the Cascade complex and
    the Tamanyan square and the construction on the "Cafesjian Museum" is
    underway. According to the protesters, the Foundation owes 120-140,000
    dollars to 34 workers who are demanding that money from executive
    director of "Cafesjian Museum", Michael de Marshe.

    According to Ara Zohrabyan, "Cafesjian Foundation" has no relations
    with its workers because they work for DHAA CJSC.

    Ara Zohrabyan confirmed that Mr. De Marshe was truly appointed
    director of that company. "But that still doesn't mean that the DHAA
    employees automatically become the Foundation's employees. That is
    not the case both legally and de facto. The Foundation and the DHAA
    have no relation at all," he said, underlining that the Foundation
    was only a client that transferred the amount foreseen for completion
    of activities to the DHAA.

    According to him, Mr. De Marshe tried to solve the issue of salaries
    and wanted to understand what debts the DHAA has. "De Marsh is the
    kind of person who wants to peacefully solve the matter in favor of
    the employees," assured the lawyer, adding that DHAA has had more
    obligations than its actives. In other words, DHAA can't pay even 20%
    of its salaries if it is not declared bankrupt and put up for auction
    with its items.

    "If those employees demand their salaries from DHAA, the company
    will simply go bankrupt and will not be able to give the entire
    amount and none of the share-holders will be held responsible,"
    said Ara Zohrabyan.

    According to him, when Mr. De Marshe started looking into the issue,
    it turned out that the employees didn't have any documents. Those
    issues are in the process of clarification and according to Zohrabyan,
    DHAA has two share-holders of which one has pledged to pay 50% of
    his shares to the employees under the condition that the employees
    present real figures that the DHAA owes.

    "As a lawyer, my advice to the employees is that they can receive more
    from DHAA through friendly relations rather than going to court and
    trying to solve the issue there. In other words, they should keep
    calm, although it is their constitutional right to hold protests
    and appeal to the court. But if the share-holder lacks good will,
    we will move to the field of law," said lawyer Ara Zohrabyan.
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