SSB Group Limited takes steps towards administration

We have recently seen reports that the Sheffield-based legal and financial group SSB Group Limited has filed a notice of intention to appoint an administrator.

If administrators are appointed, we fear that this may lead to redundancies. Unfortunately in most cases, administrators will make a number of immediate redundancies, without prior warning or any consultation process.

A failure to follow a consultation process could lead to employees being able to claim compensation from an Employment Tribunal of up to 90 days’ pay. Such a claim could be pursued if:

  • 20 or more people were made redundant at the same workplace; and
  • There was no information and consultation process, or it wasn’t carried out correctly prior to making redundancies.

If you are have been affected, please fill out this survey and a member of our employment team will contact you confidentially with more information.

Find out more by reading our FAQs.

There are strict Tribunal deadlines within which to pursue these claims, so you mustn’t delay if you believe you may be affected.