Oireachtas Joint and Select Committees
Wednesday, 8 May 2024
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Small Companies Administrative Rescue Process: Discussion
Louise O'Reilly (Dublin Fingal, Sinn Fein) | Oireachtas source
We do not want Ms Keane to do that, but perhaps she could provide something in writing. It is an area in which I have a particular interest. It is something that works in other jurisdictions both within and outside of the European Union. My party believes there is great scope to expand and develop the capacity in that space. I appreciate the witnesses might not be able to answer it now but the committee would be very grateful if they could follow up with any thoughts they might have on it because it is something that, unfortunately, does not often get discussed, and it possibly should. I refer specifically to the context of a mechanism to avoid insolvency.
For my part, I would like to see it on the agenda as a potential option given that the international evidence suggests that what comes in the aftermath of the EOB, or the establishment of the workers co-op, is more resilient, stronger and more viable on the other side of it. I appreciate the position of the witnesses but we would welcome any follow-up they could provide for us.
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