Companies (Protection of Employees’ Rights in Liquidations) Bill 2021

Public bill · Private Member · Introduced

The measure would strengthen workers’ rights when a company is being wound up. It would make sure redundancy payments promised in collective agreements are taken into account in a liquidation, and it would put employees higher up the list of creditors so they are more likely to be paid what they are owed. That matters because workers can otherwise lose pay and redundancy entitlements when a business closes.

Formal long title

Bill entitled an Act to amend the Companies Act 2014 to provide for preferential creditor status to employees in collective redundancy situations; to provide for recognition of redundancy payments in a winding up; and to provide for related matters.

Last updated 2 May 2025