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April 26, 2025

The wage guarantee scheme: continued payment of wages in the event of the employer’s bankruptcy

2022-06-28T07:24:52+00:00June 27, 2022|companies in financial distress, employees, posts|

The Unemployment Insurance Act includes a scheme that entitles employees to payment in the event of payment problems on the part of the employer. The regulation is also called the wage guarantee regulation. It also regulates which benefits an employee can claim in case of bankruptcy of the employer. In this article I will discuss the main provisions of the wage guarantee scheme that apply in the event of bankruptcy and I will go into a recent judgment of the Supreme Court on this subject.

Request for debt restructuring and Corona: the tax collector thinks along

2023-02-13T14:39:08+00:00May 12, 2022|companies in financial distress, enterprise and business, enterprise and government, posts|

Until further notice, the Tax Authorities will approach requests for restructuring of tax debts with a flexible attitude. This applies in particular to requests from entrepreneurs whose businesses are fundamentally sound and who have been affected by the Corona crisis. For these entrepreneurs, the generous corona deferral policy may prove to be of no avail.

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