ACHIEVEMENTS
Since its inception, the Federation of Former Employees of YPF and associated Groups have achieved important benefits for the former employees of YPF S.A. For example: I. Compensation to Former Oil Tanker Employees In 1993, the Argentine Government, as a consequence of the hydrocarbon privatization process that took place in Argentina, passed Decree 546/93, that regulated section 13 of Law 24.145. Said decree established that YPF (later REPSOL YPF) had to compensate the workers who worked for YPF on oil tankers if said vessels were sold. To such end, the compensation to be paid was up to 10% of the sales price of the ships with a USD 10,000 ceiling per worker. Although the company tried to conceal the sale by means of some legal subterfuges (they would state that the ships had not been sold, that the monies had not been paid, and etc.), the on-board workers - who were also part of the Federation - sought advice as to potential legal courses of action open to them. In pursuit of that goal, the Federation made an institutional inquiry to Leto & Asociados law firm, whose opinion favored the workers' rights. Contact was made with the firm that was representing YPF S.A. (Fiorenza & Asociados Law Firm), who consulted with YPF's Board of Directors. The above-mentioned Board of Directors refused to comply with the provisions of Argentine laws, and failed to accept its obligations in a mediation attempt made by the Labor Court in and for the City of Buenos Aires, to reach an out-of-court settlement. As a result, the workers of YPF individually and through the Federation brought lawsuits against YPF S.A. Pursuant to the information filed with the Labor Court in and for the City of Buenos Aires, 682 lawsuits were filed against YPF S.A., ALL OF WHICH were decided in favor of the workers. The above led the Labor Court of Appeals in and for the City of Buenos Aires to pass an En Banc Decision (in which the 30 Division members voted in favor of the workers) which was binding upon all lower courts. In the lawsuits against YPF S.A., the following was proven:- That the defendant (YPF and later REPSOL YPF) had actually sold the oil tankers to two companies and that it had received the whole price agreed-upon.
- That the monies paid for such sales reached one hundred million dollars.
- That the main purchasers were the companies ANTARES NAVIERA S.A. and NAVIERA SUR PETROLERA S.A. As the latter was associated with the SUPE (a Union that represented the former employees of YPF S.A.) the purchase was seen by the workers of YPF S.A., who overwhelmingly joined the ranks of the Federation.
- That as the lawsuits were decided against YPF and REPSOL YPF, these companies were forced to pay each of the 682 claimants the amount of USD $10,000 plus a supplementary 40 per cent by way of court costs and litigation expenses. Added to this are the amounts agreed with their own counsels (the retained independent law firms) many of whom had not been paid their fees yet and are currently bringing actions for the collection of these amounts. Such fees are indeterminable but are estimated in not lower than said 40 per cent of court costs and litigation expenses.
- While the amount of money involved here pales in comparison to the much larger claim being made on behalf of 25,000 former employees, it demonstrates that the deceit and maneuvering used to deprive former workers of their rights can be successfully challenged and overcome in the courts.