Peter Burke (Longford-Westmeath, Fine Gael)

I thank the Deputy for this very important question. My thoughts are with all those affected by the receivership and all of their families because I know it is a very difficult and uncertain time.

I also know the news can be very distressing for all of those involved.

Receivership is a long-standing legal mechanism for the enforcement of a security. Usually in Ireland, a receiver is an individual appointed by a lender, such as a bank, to take control of a company's or an individual's assets that were used as security for a loan. In general, a receiver's primary function is to secure the assets of the company, which has been mortgaged or charged in favour of the security holder who appointed him or her, and realise those assets so the secured creditor's debt is repaid as quickly and efficiently as possible. Receivers are independent in the exercise of their functions and I cannot intervene in such matters. Where employees are affected by receivership, the Government works in a co-ordinated way to assist with income supports and employment and training opportunities for those affected.

I received a collective redundancy notification from the receivers of the Nuvion Group on 31 October 2025. I understand the receivers are undertaking a 30-day consultation with employees' representatives as required by law. It is important to note there is no specific statutory restriction on employees from taking up additional employment during the consultation period in circumstances where they are not expected to attend the workplace. Provided they do not resign from the current employment, there should be no obstacle to them retaining their statutory redundancy entitlements.

Where their employer has become insolvent, employees' entitlements are protected under the redundancy payments scheme and redundancy Act. This scheme guarantees employees' statutory redundancy payments and certain wage-related entitlements such as arrears of wages and minimum notice. The receiver is responsible for applying, under the redundancy and insolvency payment schemes, on the employees' behalf. The processing of these claims cannot occur until the termination of the employment has taken place after the 30-day consultation period concludes. Following the completion of the 30-day consultation process, employees may apply for jobseeker's pay-related benefit or jobseeker's allowance, if their employment ends. Employees in need of immediate financial assistance should visit their local Intreo centre social welfare branch office, where an application for an urgent needs payment can be processed as a high priority.

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