Posts tagged with ‘winding up’

  • 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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  • Can I Unwind a Winding Up?

    You are a director and shareholder of a Company and the court has just wound up your Company and appointed a liquidator. But this was an administrative oversight and you cannot afford to be associated with a liquidated Company, as it will severely affect your reputation, profession or trade and your ongoing business relationships. Can I unwind a winding up [...]
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