Originally Posted by
Joe_K
There are no unified EU regulations for insolvencies, the national laws apply. In this case Austrian laws, which seem extremely complicated. But there is a national insolvency fund, which for employees will cover the last 6 months salary owed (up to a cap of nearly 10,000 Euro per month) plus any payments in lieu of notice owed as per the employment contract. That is if you're directly employed by the insolvent company...
I knew I should have worked in Austria LOL.