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problem with redundancy

  • 09-08-2011 10:41AM
    #1
    bruce wayne
    Registered Users, Registered Users 2 Posts: 529 ✭✭✭


    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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