Richard Bruton (Dublin North Central, Fine Gael) | Oireachtas source

None of the triggers that can be pursued have been activated. As creditors, the employees have the power to initiate an action to seek to get the company to wind up. I recognise the difficulty with payment where a company does not actively declare insolvency. Under the current legislation, the insolvency fund can be triggered only in the event that the company approaches the Department or is insolvent. That issue is being examined by the Department of Social Protection in respect of whether changes need to be made. In this situation, NERA is engaging with both sides and none of the mechanisms, either redundancy or the rights commissioner mechanism, have been activated. The services of my Department continue to be available through NERA or, if necessary, through the Labour Relations Commission to assist in the case. I hope we can come to a solution. The agencies are actively engaged. The Deputy may want to add material in light of the statements he made in respect of the Revenue Commissioners.

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