NZ workers have few protections if their employer goes bust – fixing the Companies Act would help
- Written by Trish Keeper, Associate professor in Commercial Law, School of Accounting and Commercial Law, Te Herenga Waka — Victoria University of Wellington
When independent supermarket startup Supie went bust last month, the company’s 120 employees were told they wouldn’t be paid for their last two weeks of work, or receive any of their owed annual leave pay.
The subsequent appointment of voluntary administrators again highlighted New Zealand’s limited protection for employees when...
