Coronavirus: High Court issues welcome rulings on furloughing staff in insolvent companies
Recent cases involving Carluccio’s and Debenhams confirm the availability of the government-funded furlough scheme to companies in administration and their employees, report Ed Husband and Ambuja Bose ‘Administrators can use the time and breathing space afforded by the furlough scheme to explore the various rescue options available for a distressed business.’ The financial impact of …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Carluccio's Ltd (in administration) [2020] EWHC 886 (Ch)
- Debenhams Retail Ltd (in administration) [2020] EWHC 921 (Ch)