New Legislation Regulating Collective Redundancies Following Insolvency Now in Operation
The Employment (Collective Redundancies and Miscellaneous Provisions) and Companies (Amendment) Act 2024 (the Act) quietly came into effect on 1st July 2024. The core aim of this legislation is to bolster the protection of Employees in collective redundancy situations. Background The Programme for Government includes a commitment to “review whether the legal provisions surrounding collective…