The Compendium

A Comprehensive Companion for All in the Insolvency and Restructuring Profession

The employer must also notify the Insolvency Service of the redundancies on an HR1 form.

If the employer fails to provide proper consultation, then employees can be awarded a ‘protective award’ from an Employment Tribunal in the sum of 90 days’ pay, payable by the Redundancy Payments Service.

[See ‘TUPER’, ‘Insolvency Practitioner’, ‘Insolvency Service’, ‘Forms’ and ‘Redundancy Payments Service’.]

E

Easement

An easement is a right benefiting a piece of land (known as the dominant tenement) that is enjoyed over land owned by someone else (the servient tenement).

Usually, such a right allows the owner of the dominant tenement to do something on the other person’s land, such as use a path, or run services over it.

[See ‘Charges Register.’]

Electronic Meeting

An electronic meeting is an example of a qualifying decision procedure under section 246ZE Insolvency Act 1986. A meeting is ‘electronic’ if it is one at which electronic voting is used.

Such voting ‘includes any electronic system which enables a person to vote without the need to attend at a particular location’. Among other things, the notice to creditors must explain how to access the system and include details of any password. Unless electronic voting is being used at a meeting, the system must allow creditors to vote at any time until the decision date, and must not provide details of votes cast by other creditors.

[See ‘Insolvency Act’, ‘Decision Date’ and ‘Qualifying Decision Procedure’.]