Hi all,
I'm new to this forum but hoping you can help me out or guide me in the right direction.
Was working for a company for the past 4.5 years and got made redundant around middle of May, the company then seized trading at the end of May.
Problem is none of the staff got paid salary for April and May, we were constantly promised that money was on the way so therefore everyone kept showing up for work until we finally got made redundant.
Now we are only getting the statutory redundancy (from the state) but the company has no money to pay us the salary we are owed plus they have also lost our pensions (pension contributions were part of the contract but never got invested into a fund and now the money is gone).
The company also operated other companies and funds under different business names and those companies have now been taken over by accountants as part of a work out plan. These companies all have some assets or worth to them, but the company that was the employer has very little assets and no equity, but in reality they were all run by the same company (the one who employed me).
Do I have any way of getting my salary or pension back? The company really only has one asset in its name but the mortgage on that would equal its market value....
Is there any way that I have a right of getting paid from any of the other companies that were operated by my employer?
Really appreciate any thoughts, ideas or feedback on this as I (and the rest of the staff) am being royally screwed over here