Administrators may adopt employment contracts without attracting personal liability.
Citations:
Times 14-Sep-1993
Statutes:
Jurisdiction:
England and Wales
Citing:
See Also – Re Paramount Airways Ltd (In Administration) CA 8-Apr-1992
It was said that there had been a transction at an undervalue within section 238. It was given effect by a transfer to a bank in Jersey, from which recovery was no sought. The bank claimed that the section did not have extra-territorial effect.
Lists of cited by and citing cases may be incomplete.
Insolvency, Employment
Updated: 08 April 2022; Ref: scu.82111