Employment / Labour Law

Corporate Insolvency: Employment and Pension Rights, 6th Edition

By David Pollard
Bloomsbury Professional (formerly Tottel Publishing) December 2016

Specifications

ISBN-13
9781784514754
Publisher
Bloomsbury Professional (formerly Tottel Publishing)
Publication
December 2016
Format
Hardback (2 volumes)
Jurisdiction
U.K. ? Countri(es) for reference only
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Details

Corporate Insolvency: Employment and Pension Rights is the only book of its kind to successfully bridge the gap between the three distinct disciplines of pensions, employment and corporate insolvency law by drawing out the legal principles applicable where the different legal regimes interact.

Following discussions with the author, we believe there is an opportunity to broaden its appeal and for the 6th edition of Corporate Insolvency: Employment and Pension Rights the proposal is to offer the title as two separate, stand-alone volumes:

  • Corporate Insolvency: Employment Rights; and
  • Corporate Insolvency: Pension Rights

In addition Corporate Insolvency: Employment and Pension Rights (6th Ed) will continue to be available as a pack comprising both the stand-alone titles.

 

The rationale behind this decision is that traditionally legal practitioners, solicitors and barristers, tend to specialise in one area only whether, in this case, it be employment law, pensions law or insolvency law. The structure of the current edition is such that the first half focuses on the application of the rules relating to corporate insolvency and how they impact on employees with the second half of the book focusing on how they impact on pensions. Whilst there is some overlap in the issues that need to be considered, the majority of issues that need to be considered by employment practitioners and pensions practitioners in relation to corporate insolvency are different. This makes it very easy to split in to two stand-alone volumes. As the book is published currently there is information that is superfluous to employment practitioners and information that is superfluous to pensions practitioners, by splitting it in to two stand-alone volumes we will be able to target the relevant volumes more effectively in to these disctinct markets whilst keeping the insolvency market serviced by the pack.

Both volumes will cross-refer heavily to each other thereby maintaining the connection between the two titles for the pack.

How this book can help you in your work

Through a mix of legislation, case law, analysis and comment, this well-regarded text will give you all the information you need to answer your clients' questions.

It outlines the legal principles applicable where the three regimes interact, with a particular focus on the application of the rules relating to corporate insolvency and how they impact on employees and their pension rights. For example:

 

  • How is the position of employees affected by the appointment of an insolvency practitioner over their employing company?
  • Who is liable, and what priority is given to past or future claims?

Updates for the 6th edition include

  • The changes to expenses and provable debts following the Supreme Court decision in Nortel
  • Changes to Tupe in 2014
  • Who is a “worker”: Clyde & Co v Bates van Winkelhof
  • Caselaw on Tupe and dismissals, including: Crystal Palace FC Ltd v Kavanagh
  • New employment tribunal fees and penalties
  • Changes to preferential debts
  • The Supreme Court decision in Nortel and its impact on recovery under TPR's moral hazard powers
  • Limits on the amount of contribution notices: Re Storm Funding
  • Issues on s75 debts: MNRPF v Stena
  • Cases on TPR's moral hazard powers
  • Surpluses on winding up: UC Rusal Alumina v Miller

Why you should read this book

 

Corporate Insolvency: Employment and Pension Rights is cited in many works focusing on the employment, pensions and insolvency fields. If you work as an employment practitioner, pensions practitioner, corporate insolvency practitioner or accountant, you will find its up-to-date case law and practical analysis an essential aid to your work.

Table of Contents

  1. Introduction
  2. Employment law
  3. Directors and controlling shareholders as employees
  4. Occupational pension schemes
  5. Redundancy and Tupe: Consultation with employees
  6. Consultation – penalties and special circumstances (Tupe and TULRCA)
  7. Works Councils
  8. Pensions consultation – PA 2004
  9. Insolvency proceedings
  10. Insolvency: moratorium on legal proceedings and process
  11. Start of insolvency proceedings: effect on employees
  12. Effect of termination of employment
  13. Protective awards and redundancy consultation in insolvency
  14. Personal liability of Insolvency Practitioners
  15. IP personal liability: direct criminal or civil penalty liability
  16. IP personal liability: discrimination legislation
  17. Preferential debts
  18. Preferential debts: subrogation of third parties and NI Fund
  19. Pensions as a preferential debt
  20. National Minimum Wage
  21. Pensions – auto-enrolment
  22. EC Employment Insolvency Directive
  23. National Insurance Fund
  24. NI Fund: Subrogation of the Secretary of State
  25. NI Fund: Procedure on claims from the Secretary of State
  26. Statutory maternity, sick and adoption pay
  27. Summary table: status of employee claims (preferential/NI Fund)
  28. Set-off
  29. Carrying on business: impact on employee and pension claims
  30. Carrying on business – Nortel and overview of issues - provable debts/ insolvency expense/ adopted contract/ black hole?
  31. Carrying on business – provable debts
  32. Carrying on business – insolvency expenses
  33. Summary table: employee claims in administration – expenses or adopted
  34. Insolvency expenses: receivers?
  35. Carrying on business – adopted employment contracts
  36. PAYE and national insurance
  37. Transfer of Undertakings: Introduction and impact of Europe
  38. Tupe 2006 – terminal insolvencies
  39. Tupe 2006 – non-terminal insolvencies
  40. Tupe 1981 – hive downs
  41. Tupe 2006 – information and consultation with employees
  42. Tupe 2006 – definition of transfer
  43. Tupe 2006 – provision of information to transferee
  44. Tupe: Impact on dismissals instigated by IP
  45. Tupe: Pension liabilities
  46. “Pre pack” administrations
  47. Pensions and other trusts
  48. Insolvency event – PPF and s75
  49. PPF: Pension Protection Fund: overview
  50. PPF: notice obligations on IPs
  51. PPF: Assessment periods
  52. TPR/PPF: notification obligations and power to gather information
  53. Independent trustee obligations
  54. Excluded schemes: Scope of the main pensions legislation
  55. Who is an employer under the pensions legislation?
  56. Contributions to pension schemes
  57. Section 75: Debt on employer
  58. Section 75: Amount of the debt
  59. Section 75 Debt: flowchart
  60. Section 75: Allocation arrangements and withdrawal arrangements under the Employer Debt Regulations
  61. Section 75 compromises
  62. Multi-employer schemes: PPF and s75
  63. TPR Moral hazard powers
  64. Moral hazard and restructuring
  65. TPR's practice on moral hazard powers
  66. Money purchase schemes
  67. Winding up the pension scheme
  68. Winding-up the scheme: surpluses
  69. Overseas employees and insolvencies
  70. Who is connected or associated?

About the Author

David Pollard
Ranked joint 1st place in the Pensions World 2012 survey of top all-round pensions lawyers

Price on request
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New Edition is available now !
Not yet published? ?
  • Free HK shipping over HK$1,000
  • International shipping to 35+ countries

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