Dáil debates

Thursday, 3 June 2021

Ceisteanna Eile - Other Questions

Company Law

10:20 am

Photo of Damien EnglishDamien English (Meath West, Fine Gael) | Oireachtas source

The plan of action has been discussed with the unions and stakeholders and they are happy with our plans on this. Once it goes through Cabinet, we can discuss it fully here.

To be clear, we have had many discussions around Debenhams and the Duffy Cahill report. The authors of that report have not made the assertion that the Deputies keep making in here that it would have assisted or would have prevented the situation in Debenhams. The Duffy Cahill report was written in response to a situation in Clerys which is not the same as Debenhams. It is wrong that, repeatedly, Members come in here and make that link without any evidence or any connection. They are not similar situations.

Of course, we committed to the Debenhams workers and to many others to review this situation and to see how we could strengthen the legal position, not only to look at Duffy Cahill, although that was part of our work, but at the overall area from both a company law and employment law point of view, and we are making changes in that respect.

Some of the work from the CLRG is not yet completed. That will come forward in the autumn. We will act on that as well. We are in a position to strengthen the protections and certainly enhance the guidance there and work with all involved. The unions are happy with our approach on that as well and that is an important point.

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