Ged Nash: Unclear if Clerys workers will be paid by liquidators
In a report on the situation presented to Cabinet yesterday, he said he believed the current legal set-up was sufficient to deal with the matter, despite widespread calls from opposition politicians and trade unions for new worker protections to be enacted.
Mr Nash said the law did allow for a situation where assets were kept in one arm of a firm, while losses built up in another part, but it was too early to say if liquidators would pay out to all those impacted by the deal.
