Dáil debates
Tuesday, 14 July 2020
Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions
Company Closures
4:50 pm
Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source
I am not sure whether that stock belongs to Debehams, to concessionaires or a bit of both but that is neither here nor there.
It is important to say that a company cannot just declare itself insolvent. A company has to initiate a liquidation while insolvent and it cannot do so by voluntary liquidation, it must apply to the High Court. It may be that these matters have yet to be heard in the courts and that is where they will be determined.
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