The following Restructuring & Insolvency Q&A provides comprehensive and up to date legal information covering:
Any employee wishing to bring a claim against the company in the employment tribunal will be subject to the moratorium against claims while the administrator is in office and must apply to the court to have this lifted if they intend to do so.
The purpose behind the moratorium is to give the company or its administrator(s) breathing space to formulate and implement the proposals and to investigate the position of the company, its business and assets. The moratorium is a prohibition on proceedings, actions and
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