Employees can be heavily affected when a company becomes insolvent. They may lose their jobs and may be owed wages, holiday pay, notice pay, redundancy pay or other sums.

In some insolvency situations, employees may have preferential status for certain payments. They may also be able to claim some payments from the Government’s Redundancy Payments Service.

Employers and directors may also need advice on their obligations to employees during an insolvency process.

Havard Law Solicitors can advise employees, directors and employers on the legal position and the options available.