Archive for October, 2014

  • Employee Entitlements – What Happens When a Company is Insolvent?

    In most cases of corporate insolvency, employees are owed some form of entitlements, whether contractual entitlements (such as wages or salary), or statutory entitlements (like annual leave, long service leave or redundancy pay).  They are often the creditors who are most seriously affected by the insolvency. Other unsecured creditors may have alternative income sources, while secured creditors can often exercise [...]
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