© Electronics Production | March 29, 2012

Sacked Simclar workers win case

Sacked Simclar International employees will receive £1.1million compensation related to their unfair dismissal.
104 ex-employees have won a collective tribunal case against Simclar claiming the company failed to provide the statutory 90 day notice period before they were made redundant.

The company still owes creditors after it filed for administration on June 27 2011 and questions remain over how the workers will be payed.

A file released by administrators at Deloitte reveal that The Bank of Scotland is owed 28,301,080 pounds by the company but would unlikely retrieve any money. Earlier this month it was revealed that administrators sold a component section of the of the firm for just £134,000.

The company's founder, Sam Russell, is currently facing legal action, along with two other former directors, over a £3m dividend that was paid out in 2006, despite the company's financial trouble. That case will be held next month.



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