Clerys store revelations show we must legislate now to stop tactical insolvencies
David Cullinane, Sinn Fein spokesperson for workers’ rights, has said today that the law needs to be strengthened against tactical insolvencies and that this must happen as a matter of urgency.
Deputy Cullinane said:
“The High Court heard yesterday that D2 Private owner Deirdre Foley was directly involved in the events that immediately preceded the collective redundancies of 467 workers at Clerys department store.
“This was a blatant tactical insolvency and a grave injustice to workers.
“It subsequently led to the publication of the Cahill/Duffy report which recommended legislative change.
“I have drafted a bill that implements the report’s recommendations. However I have not yet moved it.
“Instead I have sent a copy to all party spokespersons, leaders and Independents seeking support.
“I also sent a copy to Patricia King of ICTU asking that congress facilitate discussion with a view to making it an all-party bill.
“We are open to discussion and to working with others to perfect the bill.
“Let's make this count and ensure that companies don't remove assets so as to deprive workers of their redundancies again.
“The Bill also deals with strengthening the 30 day minimum notice for collective redundancies.
“Workers rights needs to be firmly on the agenda.”