An important decision for employers and administrators has been handed down by the High Court in the case of R (Palmer, Forsey) v Northern Derbyshire Magistrates' Court [2021] EWHC 3013. The Judgment acts as a stark reminder to employers and company personnel about the criminal liability they can face for failing to notify the Secretary of State of proposed collective redundancies as well as confirming that that an administrator can be prosecuted personally.
Background
European Union, United Kingdom, Employee Benefits & Pensions, Employment & Labor, Insolvency & Restructuring, Litigation, Stephenson Harwood LLP
We have seen an increasing number of pre-packs over recent years, how does a pre-pack work?
United Kingdom, Capital Markets, Insolvency & Restructuring, Stephenson Harwood LLP, Debt, Stock exchange, The Pensions Regulator (UK)