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Old 2nd June 2004 | 18:23
  #462 (permalink)  
London Jets
 
Joined: Mar 2004
Posts: 185
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From: JMC Mining Ship, Red Dwarf. 3 million years from earth.
I have just had this e-mail to me from a former collegue, it has come from Moore Stephens and I thought I'd share it with you all.

LJ



European Aviation Air Charter Limited - Company Voluntary Arrangement

Employee Claims

Statutory Claims

This is the claim that is made to the Redundancy Payments Office by submitting a RP1 Form.

The redundancy payments office make payments on the following:

Arrears of Wages

Arrears of wages will be paid up to the statutory limit of £270 per week.

Holiday Pay

Any outstanding holiday for the year will be paid on a pro-rata basis and again capped at the £270 per week.

Pay-in-lieu of Notice

Statutory pay in lieu of notice is paid at 1 weeks pay for each years service, this again is capped at £270 per week, to a maximum of 12 weeks.

Redundancy Pay

Redundancy pay will only be paid to those employees who have worked at the company for 2 years or more.

Redundancy is then paid at 1 weeks pay for each complete year, this rises to 1 ½ weeks pay over the age of 45. It is not paid to those over 64.

Again the statutory limit of £270 per week applies.

These monies have now been paid by the Redundancy Payments Office in Birmingham. Should you not have received any monies please phone the RPO help desk 0121 456 4411.

Preferential Claims

Preferential claims for employees are wages and holiday pay ( less any monies received from the RPO for these areas )

The maximum limit for a preferential wages claim is £800.

Any balancing preferential claim will be paid in full.

We are aiming to get preferential claims paid in June subject to receiving all claims. We are currently lodging peoples proof of debts forms therefore should you not have returned yours please do so.

Unsecured Claims

This is effectively any other claims.

For example, wages and holiday pay over the preferential limit, pay in lieu of notice, expenses.

We anticipate payment of 6.1p in the £.

It is unclear at the moment whether there will be sufficient funds to make any unsecured payments in the June dividend. This may be later in the year/beginning of next year when the remainder of the money due in the CVA is received. Again Proof of Debt forms must be lodged.

Hope this is of some help.

Please ensure that you complete a Proof of Debt Form and send it to ourselves at:

Moore Stephens Corporate Recovery
Beaufort House
94-96 Newhall Street
Birmingham
B3 1PB

These are attached at the back of all previous correspondence sent by ourselves.

Please split your claim into the following categories in order for us to identify your preferential and unsecured claims:

Arrears of Wages
Holiday Pay
Pay in lieu of Notice
Redundancy
Flight Pay
Expenses
Other ( please state what claim is )
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