Peadar Tóibín (Meath West, Sinn Fein)
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The Minister mentioned in his contribution that these companies were inadvertently omitted. However, the question of their not being included was raised when the Companies Bill was progressing through the Oireachtas process. I am curious as to the reason this issue was not addressed at that time. Are there likely to be other unregistered firms similarly omitted from this section?

It is a real pity that the opportunity presented by the Companies Bill 2014 was not availed of to address the threat of tactical insolvencies. Seven months on from the Clerys dispute, the State is on the hook for €2 million and workers have not yet received justice. The Department has drawn up a report on the matter and it is now to undertake a review of this area. I am disappointed that we are not utilising the short time remaining to us to ensure there is no legal loophole which would allow unscrupulous companies to separate assets from their legal responsibilities to workers, creditors and commission holders.