The Channel logo

News

By | Paul Kunert 11th September 2013 07:57

Former staffers of titsup Brit IT giant 2e2 haul administrator to court over pay

Caretaker FTI Consulting faces tribunal over staff wages

A group of former 2e2 staff are set to discover next week at an employment tribunal how successful they've been in efforts to recover monies they claim are owed to them by administrator FTI Consulting.

The 200-strong bunch will have their case heard in Reading on 17 September under the representation of Jenny Andrews at Andrews Employment Law Consultants.

The staff were made redundant by FTI Consulting during 2e2's first week of administration, as FTI juggled keeping parts of the business afloat with a limited pot of funding.

On day two of the administration, some 319 staff got their marching orders and at the end of the week another 26 were laid off.

El Chan understands that the January payroll, expenses, holiday pay, bonuses and commissions are outstanding and in some cases staff are owed up to £30,000.

In a progress report to the end of July, recently filed at Companies House, FTI said it expects to pay a full dividend to employees of 2e2 UK as preferential creditors, which it said would cover wages and holiday pay.

Preferential creditors of 2e2 Holdings, however, are not likely to see any returns, the administrator had confirmed.

FTI Consulting was unavailable to comment at the time of writing. ®

comment icon Read 4 comments on this article alert Send corrections

Opinion

Killer whale

Chris Mellor

Firm cites 'low demand' plus 'abusers'

Tim Worstall

Or why the reversal of globalisation ain't gonna 'appen
The full Spanglish breakfast: mealy pudding, bacon, black pudding, sausages, fried egg, toast
Blood image

Trevor Pott

Can the storage giant overcome a lack of necessary leadership?

Features

No, silly... he was the fall guy for years of Finnish folly
Fraud image
Frodo and the Ring
Microsoft's strategy is to make Store apps popular. Good luck with that