Appeal No.	 EAT/289/01

EMPLOYMENT APPEAL TRIBUNAL
58 VICTORIA EMBANKMENT, LONDON EC4Y 0DS

	At the Tribunal
	On 12 March 2001

Before
MR RECORDER BURKE QC
MS J DRAKE
MISS D WHITTINGHAM

(1) CREDIT SUISSE FIRST BOSTON (EUROPE) LTD	APPELLANT
(2) MR D CROMPTON (3) MR A CUTHILL 

MR P KARAM	RESPONDENT

Transcript of Proceedings

JUDGMENT

INTERLOCUTORY HEARING

Revised

	APPEARANCES

For the Appellant	A HOCHHAUSER QC
And
A CHOUDHURY	
For the Respondent	J HENDY QC
R LEIPER	

MR RECORDER BURKE QC:

1	We heard this appeal and cross appeal, as a matter of urgency, on 9 March 2001.  It was apparent, at the conclusion of the argument, that we would need to take time to consider our judgment, as indeed the parties expected.  However a directions hearing, the holding or course of which may be affected by the outcome of this appeal, has been fixed by the Employment Tribunal for tomorrow, 13 March; and the parties were anxious to have our decision, if possible, today.  Accordingly we offered to endeavour to reach and give a decision by today, 12 March, while reserving the reasons for our decision to be handed down later; the parties agreed that we should proceed in that way.

2	We have reached a decision on the appeal and the cross appeal; our decision is that the appeal and cross appeal are dismissed.  The reasons for our decision will be handed down at a later date; the parties will of course be informed in advance of that date.