The parent company and its service company had gone into insolvent administration. The service company had seconded most of its employees to e main company and its administrators now sought an indemnity against the service company’s liabilities under the 1995 Act from the main company.
Held: The service was entitled to an indemnity as requested on the basis of an implied contract.
David Richards J
[2015] WLR(D) 153, [2015] EWHC 883 (Ch)
Bailii, WLRD
Pensions Act 1995 75
England and Wales
Insolvency
Updated: 29 December 2021; Ref: scu.545005