Document background
The Liquidation Letter To Employees is a crucial document used in Danish business closures to formally notify employees of the company's liquidation and its impact on their employment. It is required when a company enters voluntary or mandatory liquidation proceedings under Danish law. The document must comply with the Danish Companies Act, Employment Contracts Act, and related legislation. It serves multiple purposes: officially announcing the liquidation, specifying termination dates, outlining final payment arrangements, explaining the claims process through the Employees' Guarantee Fund, and providing necessary contact information. The letter needs to be issued promptly once liquidation is decided, ensuring employees receive clear information about their rights and the next steps in the process.
