In the Matter of Bell Lines Limited (In Liquidation)
That decision has effectively been relied on since 2006 for the proposition that, except for the Social Insurance Fund, a party advancing monies for the payment of remuneration falling due before the commencement of an insolvency process but actually paid after such commencement is not entitled to subrogate to the employees’ preferential claims.
The Appeal
United Kingdom, Employment & Labor, Insolvency & Restructuring, Litigation, Mason Hayes & Curran LLP, Wage, Liquidation, High Court of Justice (England & Wales)