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flossie0155 | 15:25 Sun 07th Nov 2010 | Law
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my husbands boss as just died,leaving no will,there was only the 2 of them,it was a scaffolding company,how does he stand,his wife is wanting to close it down,will my hubby be made redundant or just get finished,they worked together 15 years,any help please..
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Avatar Image bednobs
does your husband have any stake in the business at all?
16:14 Sun 07th Nov 2010
Avatar Image boxtops
Was he an employee, or self-employed but working for the one company?
16:16 Sun 07th Nov 2010
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he had no stake in the company,and was an employee
16:34 Sun 07th Nov 2010
Avatar Image buildersmate
If the business closes he is entitled to a redundancy payment of least the minimum statutory amount.
If he has any business acumen at all, if he knows the business is profitable, and he knows the contacts and customers, he could offer to take over the business in exchange for not claiming the redundancy, if he thinks he could make a go of it.
19:47 Sun 07th Nov 2010

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