Minister Damien English who has responsibility for Business, Employment and Retail and Minister Robert Troy who has responsibility for Trade Promotion, Digital and Company Regulation jointly met with employer and union representative bodies on the 4th of November to begin a discussion on the legislative provisions that deal with redundancy and insolvency from both a company law and employment law perspective.
The issues are complex and the discussions will be continued. The discussions are not framed around any one company insolvency case. They are looking at the issues from a general perspective, with a view to identifying whether there are real gaps or weaknesses in either body of legislation and amending the law where that is needed, in consultation with stakeholders.