Quote ="Slugger McBatt"I think there are more legal shenanigans to come though, because is it so easy to close one company down, start another one, but operate from the same place, doing the same thing, with employees acting under the same contracts of employment? I'm not sure this story is done yet.'"
It's quite easy for the likes of Crusaders who have little in the way of assets (ground, etc) to go into admin and be reborn. The new company buy the old one off the administrators (as this is the best way for the Administrators to get the most money, they have little in the way of assets to generate cash if sold) and the contracts transfer over to the new company under TUPE laws.
