Oireachtas Joint and Select Committees
Tuesday, 9 June 2020
Special Committee on Covid-19 Response
Reopening the Economy: Supports for Business
Dr. Orlaigh Quinn:
Examinership is very important and comes within the Department's remit because it falls within company law. We are looking at the issue through the Company Law Review Group, of which ISME is a member. It has submitted proposals which are being examined as part of the group's work. We need to be clear, however, that the interests of a number of parties are involved, be they customers, creditors, suppliers or employees. The range of interests needs to be balanced in any assessment. We have in place a number of working groups, which have met regularly to produce proposals for the Department. We need to look at this issue in the round and the Government needs to take a decision when that work is finalised. As I said, this work is being prioritised and ISME is involved in the working group, in which we get the full range of views.
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