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Krasner (administrator of Huddersfield Fine Worsteds Ltd and Globe Worsted Co Ltd) v McMath and other appeals [2005] IRLR 995 CA

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Now In: Termination of employment > Insolvency

XpertHR has 1 case report relating to the case: Krasner (administrator of Huddersfield Fine Worsteds Ltd and Globe Worsted Co Ltd) v McMath and other appeals [2005] IRLR 995 CA.
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Administration: Protective awards not accorded 'super-priority' in administrations
Source: IRS Employment Review  Date: 02-12-2005
In Krasner v McMath, the Court of Appeal holds that, in a situation where the employer is in administration, liabilities to employees for protective awards and payments in lieu of notice, except for "garden leave" payments, are not accorded super-priority status where the administrator has adopted the contracts of employment.

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