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problem with redundancy

bruce wayne · 2011-08-09 09:41:54

Here's a interesting situation, lets say you have been made redundant as the business was being wound down and the premises sold. You are due to get statutory redundancy but the deal to sell the premises falls through and the owners were banking on that to pay the redundancy....so therefore no money to pay the…

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09-08-2011 10:41am

#1

bruce wayne

Registered Users Posts: 530 ✭✭✭

Join Date: November 2001

Posts: 450

Here's a interesting situation,

lets say you have been made redundant as the business was being wound down and the premises sold. You are due to get statutory redundancy but the deal to sell the premises falls through and the owners were banking on that to pay the redundancy....so therefore no money to pay the redundancy....

what happens next...do the employees simply have to wait until the premises is sold and the owners have the funds to pay the redundancy ?

Also social welfare have been notified of the expected redundancy payments...do they need to be informed that the funds are not forthcoming ?

unfortunately a friend has found himself in this predicament :mad::(

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#2 09-08-2011 7:12pm
wmpdd3

Registered Users Posts: 9,624 ✭✭✭

Join Date: February 2007

Posts: 9434

Contact NERA, www.nera.com

or the http://www.citizensinformation.ie/en/

He will be paid but it can take a few months.

Best to act ASAP.

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