Thursday, 3 June 2021

Ireland: CLRG report - liquidation and the provision of information to creditors (in particular employees)

As part of its work programme on the Companies Act 2014 and creditors' rights, the Company Law Review Group has recently published a report considering the provision of information to creditors generally and in particular employees: see here (pdf). Amongst the recommendations made in the report is one that would impose an obligation on liquidators and directors to ensure that creditors are made aware that they have the right for form and participate on a Committee of Inspection

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