Tag Archives: office holders

(UK) When and Why should an Officeholder Consent to Employee Claims?

The Employment Appeal Tribunal (EAT)[1] upheld an employment tribunal’s decision that the claimant, Mr Chaudhry, could not recover a basic award for unfair dismissal following their employer’s insolvency unless an employment tribunal had determined the claim and made an award. Why is this relevant to administrators? Because for an employee to bring a claim the … Continue Reading

Revisions to SIP 14 – Responsibilities to Preferential Creditors (including Classification of Charges) (UK)

Since the cases of Avanti and UKCloud we have seen more arguments around the classification of a charge – is a typical floating charge asset actually subject to a fixed charge?  Is a fixed charge really floating?  Much depends on the control the charge holder asserts, but we have seen some novel claims. The position … Continue Reading
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