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Company Closures

Dáil Éireann Debate, Tuesday - 26 April 2022

Tuesday, 26 April 2022

Ceisteanna (213)

Mairéad Farrell

Ceist:

213. Deputy Mairéad Farrell asked the Tánaiste and Minister for Enterprise, Trade and Employment further to Parliamentary Question No. 162 of 7 April 2022, if it is possible for arbitration to take place in cases in which a company (details supplied) no longer exists; and if he will make a statement on the matter. [20978/22]

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Freagraí scríofa

I'm informed that a dispute between IDA Ireland and Connect Ireland regarding the operation of the Succeed-in-Ireland initiative is currently in arbitration. Connect-Ireland Initiative Limited merged by absorption with Idic Limited on 31 May 2018, which subsequently became Idic Unlimited Company on 23 April 2018. It is my understanding that the arbitration process is continuing with this successor company.

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