Reasonably Sound Condescending link to the first hit from google. (http://www.insolvencyhelpline.co.uk/ltd-companies/what-happens-to-your-employees.htm)
Since they aren't four months behind on pay they won't even be preferred creditors. This puts me in mind of when Claims Direct Realised its Karma closed down, and the employees simply turned up and looted the offices.
But they can apply to the DTI for statutory redundancy pay, which is a far better deal than a lot of pension contributors got.
As for impulse buying of CDs? Well the market in SUSU will reopen this autumn... and I hate to say it but I found a lot of discs cheaper at HMV.
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
zvi and
no subject
Date: 2007-06-29 04:24 pm (UTC)Condescending link to the first hit from google. (http://www.insolvencyhelpline.co.uk/ltd-companies/what-happens-to-your-employees.htm)
Since they aren't four months behind on pay they won't even be preferred creditors. This puts me in mind of when Claims Direct
Realised its Karmaclosed down, and the employees simply turned up and looted the offices.But they can apply to the DTI for statutory redundancy pay, which is a far better deal than a lot of pension contributors got.
As for impulse buying of CDs? Well the market in SUSU will reopen this autumn... and I hate to say it but I found a lot of discs cheaper at HMV.
post mortem conducted elsewhere