Ms Fiona O'Dea:

I can speak about company law. I will then pass to my colleague on employment rights. There are implications with regard to the preferential creditors. In terms of company law, workers are already preferential creditors in their statutory entitlements. In an insolvency, the reality is that the company has run out of money. There is a limited pool of money. If you broaden the pool of creditors or the amounts that will be drawn from that pool, it will have a knock-on effect on other creditors. Other creditors would be pushed down and those creditors are likely to be suppliers, who are also employers, and there is the risk of contagion in that instance. That would be the key issue. I will now pass over to my colleague, Mr. O'Brien Hogan.