Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Joint Oireachtas Committee on Justice, Defence and Equality

Insolvency Services: Insolvency Service of Ireland

2:00 pm

Mr. Lorcan O'Connor:

I have yet to see the final legislation. However, I would expect that there would always be an appeal option for anyone in a court process. I presume there would be an appeal option in the event that people were unhappy with what the judge had ruled. Hopefully that would be an exception rather than the rule. I would like to think that this development will actually see a lot more cases dealt with upstream. By that I mean meaningful engagement between creditor and practitioner to get the original proposal right so that it is not necessary to go that extra step to look for an appeal and a ruling but rather that the original proposal put to a vote is acceptable to all parties.

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