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Written question asked by Nick Smith (Labour) on Friday, 5 January 2024, in the House of Commons. It was due for an answer on Wednesday, 10 January 2024 (named day). It was answered by Kevin Hollinrake (Conservative) on Wednesday, 10 January 2024 on behalf of the Department for Business and Trade.


Greensill: Redundancy Pay

Question

To ask the Secretary of State for Business and Trade, pursuant to the Answer of 18 December 2023 to Question 6145 on Greensill: Redundancy Pay, whether she has made an assessment of the likelihood of success of the claim.

Answer

The Administrators of Greensill Capital have previously indicated they expect to make distributions to unsecured creditors, including the claim by the Redundancy Payments Service. The Administrators confirmed to the Redundancy Payments Service on 8 January that the quantum and timing of any distribution is uncertain.


Secondary information

Type
Written question
Reference
7876
Session
2023-24
Related items
Greensill: Redundancy Pay
Monday, 18 December 2023
Written questions
House of Commons
Subjects
Redundancy pay Greensill
Link
View this Written question on www.parliament.uk