Archives: Insolvency

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Information and consultation in insolvencies – who wins, really?

The Employment Tribunal ruled last month that the former employees of Sahaviriya Steel Industries UK Limited (in liquidation) are entitled to the maximum protective award for a complete failure by SSI to inform and consult them about their redundancies (90 days’ pay for each of the 1100 employees affected). Because of the insolvency of SSI, … Continue Reading
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