Location: Rep.of Ireland
Northern Ireland
Location: Rep.of Ireland
Northern Ireland
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Navigating an Insolvency Situation

Posted in : First Tuesday Q&A ROI on 3 June 2019
The Employment Team at A&L Goodbody LLP
A&L Goodbody LLP
Issues covered:

In a nutshell, an "insolvency situation" arises where a company's liabilities exceed its assets – a company is unable to pay its debts when they fall due. An insolvency situation triggers a significant number of legal considerations and in this month's First Tuesday Q&A the Employment Team at A&L Goodbody answer key questions and highlights legal issues for employers when navigating an insolvency situation.

  1. What impact does an employer's insolvency have on the employment relationship?  
  2. What happens to employees in a receivership scenario? 
  3. What happens to employees in an examinership scenario?
  4. What happens to employees in a liquidation

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Back to Q&A's This article is correct at 03/06/2019
Disclaimer:

The information in this article is provided as part of Legal-Island's Employment Law Hub. We regret we are not able to respond to requests for specific legal or HR queries and recommend that professional advice is obtained before relying on information supplied anywhere within this article.

The Employment Team at A&L Goodbody LLP
A&L Goodbody LLP

The main content of this article was provided by The Employment Team at A&L Goodbody LLP. Contact telephone number is +35316492000

View all articles by The Employment Team at A&L Goodbody LLP