Retired president and CEO of Scotiabank, William 'Bill' Clarke, has taken his dispute with the bank over his retirement package to the Court of Appeal.

Clarke has filed an appeal against a Supreme Court ruling on March 19 that he is to vacate the house, which the bank had assigned to him, by May 31.

Supreme Court Judge Horace March, who made the order, had also ordered that he should return the two motor cars which had been assigned to him.

Clarke is asking the Court of Appeal to stay Justice March's ruling until his appeal has been heard.

He is also appealing against the judge's ruling that there was no agreement between him and the bank for his retirement package to go to arbitration.

The bank, which was represented by John Vassell. Q.C., contended in the Supreme Court that there was no such agreement and, therefore, the terms of reference were not settled.

Clarke, who is being represented by attorneys-at-law Dr Lloyd Barnett and Keith Bishop, is contending that the judge erred in his ruling.

retirement package not settled

He is claiming that, because his retirement package was not settled before he left the bank, it was decided that the matter should go to arbitration.

Clarke said in court documents filed in the Court of Appeal Registry yesterday that he is seeking a court order to remain in the house and be in possession of the two motor vehicles until his appeal has been heard.

Clarke went on early retirement on November 1 last year after being employed with the bank for 40 years. He was head of the bank for 13 years.

He took the bank to court in December last year after the head office in Canada informed him that he should vacate the house and return the motor cars by January 31.

barbara.gayle@gleanerjm.com