Oireachtas Joint and Select Committees
Tuesday, 19 June 2018
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Statement of Strategy 2018-2021: Engagement with the Department of Business, Enterprise and Innovation
4:00 pm
Dr. Orlaigh Quinn:
On that point, contract law and Revenue Commissioners rules provide for how companies are treated in terms of insolvency. I will not say it is a pecking order but there is a hierarchy. However, I accept your point. We saw it during the worst part of the economic crisis here when big contractors went out of business. As you rightly say, sometimes it is the smaller sub-supplier that takes a greater hit.
No comments