Seanad debates

Wednesday, 16 October 2002

Adjournment Matters. - Disease Eradication Schemes.

 

In circumstances where a factory goes out of business, such as has happened in this case, the recovery of any losses incurred by farmers is a matter for resolution between the farmers and the company's liquidators. I understand a liquidator for the meat plant concerned was appointed in November 2001. The liquidation process is continuing and I am informed will not be concluded for some time. While no decision to compensate any of the farmers concerned has been taken, I am advised that to make such a decision at this stage would be wholly inappropriate from a legal point of view and any such decision should not be considered until the liquidation process has been concluded. While I have the utmost sympathy for those farmers who have suffered losses as a result of the closure of the plant, nevertheless, as I stated, the recovery of such losses is a matter for resolution with the liquidator and legally, even if we wanted to intervene, we are precluded from doing so at this stage.

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