One Step Closer to Increased Protection for Employees in Insolvency Situations

The Employment (Collective Redundancies and Miscellaneous Provisions) and Companies (Amendment) Bill 2023 (the “Bill”) proposes amendments to the existing collective redundancy regime in insolvency situations. If enacted, the Bill will deliver on key Programme for Government commitments detailed in the Plan of Action – Collective Redundancies following Insolvency.

Filed under:
Ireland, Employment & Labor, Insolvency & Restructuring, Arthur Cox LLP, Insolvency
Authors:
Kevin Langford , Cían Beecher , Louise O'Byrne , Séamus Given , Sarah Lawn
Location:
Ireland
Firm:
Arthur Cox LLP
Progress on Increased Protection for Employees in Insolvency Situations

A recently published Bill proposes amendments to the existing collective redundancy regime in insolvency situations. If enacted, the Bill will deliver on key Programme for Government commitments detailed in the Plan of Action – Collective Redundancies following Insolvency.

Filed under:
Ireland, Employment & Labor, Insolvency & Restructuring, Arthur Cox LLP, Insolvency, Department of Enterprise, Trade and Employment (Ireland), Companies (Rescue Process for Small and Micro Companies) Act 2021 (Ireland)
Authors:
Kevin Langford , Cían Beecher , Louise O'Byrne , Séamus Given , William Day , John Donald , Sarah Lawn
Location:
Ireland
Firm:
Arthur Cox LLP
Increased Protection for Employees in Insolvency Situations Signed into Law

The Employment (Collective Redundancies and Miscellaneous Provisions) Act 2024 has been signed into law. The Act, once commenced, will amend the existing collective redundancy regime in insolvency situations and will deliver on key Programme for Government commitments detailed in the Plan of Action – Collective Redundancies following Insolvency.

Background

Filed under:
Ireland, Employment & Labor, Insolvency & Restructuring, Arthur Cox LLP, Insolvency, Department of Enterprise, Trade and Employment (Ireland), Companies (Rescue Process for Small and Micro Companies) Act 2021 (Ireland)
Authors:
Kevin Langford , Cían Beecher , Louise O'Byrne , Séamus Given , William Day , John Donald , Daibhi-OLeary , Niamh Fennelly , Sarah Lawn
Location:
Ireland
Firm:
Arthur Cox LLP
Increased protection for employees in insolvency situations signed into law

The Employment (Collective Redundancies and Miscellaneous Provisions) and Companies (Amendment) Act 2024 has been signed into law. The text of the Act remains unchanged from when we published a briefing on the Bill in December here.

At A Glance

Filed under:
Ireland, Employment & Labor, Insolvency & Restructuring, Arthur Cox LLP
Authors:
Kevin Langford , Cían Beecher , Louise O'Byrne , Séamus Given , Niamh Fennelly , Sarah Lawn
Location:
Ireland
Firm:
Arthur Cox LLP