Re Andrew M Paterson Ltd - [1981] 2 NZLR 289

Industrial law — Redundancy — Employer (a company) and unions entered into redundancy agreement — Two years later company went into receivership and receivers terminated employment of all staff — Agreement not registered under Industrial Relations Act 1973 — Whether agreement enforceable by employees — Whether compensation payments made by receiver would be an expense of the receivership, or preferential payments — Companies Act 1955, ss 308 and 345.