Seanad debates
Thursday, 29 November 2012
Personal Insolvency Bill 2012: Committee Stage
12:50 pm
Mark Daly (Fianna Fail) | Oireachtas source
I support amendment No. 134 tabled by Senators Crown and Barrett. Employees of multinationals would be at a disadvantage relative to others. This also applies to members of the legal profession.
The Minister should look after all employees. As my colleague, Senator Cullinane, states, we are trying to destigmatise the position of those who have entered into arrangements to deal with their debts. On Second Stage we discussed the time it would take to reach a resolution and the numbers who would avail of the process. I am afraid it may take more time than we imagined to go through the process. I support this amendment.
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