Oireachtas Joint and Select Committees

Wednesday, 1 February 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Companies (Protection of Employees’ Rights in Liquidations) Bill 2021: Discussion

Photo of David StantonDavid Stanton (Cork East, Fine Gael)
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Is there a risk that, if such a fund were to exist in Ireland and were to be used in a similar way as it is used in France, it would become a kind of "Get out of jail free" card for companies, employers and people who find themselves in insolvency situations as they would know that there is fallback position in which the State and the taxpayer would pick up the tab?