Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-434-873"

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"There are a number of contradictions in this report, including, in fact, the attempt to harmonise the conditions under which insolvency proceedings may be opened. The rapporteur points to some positive issues regarding the opening of proceedings, but the interests of small and medium-sized enterprises will not always be safeguarded. In general, it is always the most powerful who will benefit from proceedings. However, this report has positive aspects. Particular attention has been given to workers, as can be seen, for example, from the following statements: ‘although employment law is the responsibility of the Member States, insolvency law can have an impact on employment law’; and ‘in the context of increasing globalisation and indeed of the economic crisis, the issue of insolvency needs to be considered from an employment-law perspective, as differing definitions of ‘employment’ and ‘employee’ in Member States should not undermine the rights of employees in the event of insolvency’. It also considers it ‘necessary to increase the priority of employees’ claims relative to other creditors’ claims’."@en1

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