Book Chapter Details
Mandatory Fields
Irene Lynch Fannon
2020 November
European Preventive Restructuring: Article by Article Commentary
European Preventive Restructuring: Article by Article Commentary
In Press
Optional Fields
Preventive Restructuring, European Directive, Article 13, Workers
The position of European workers in the context of proposals for the introduction of rescue frameworks in all member states is mentioned across a range of Recitals to the Directive. Article 13 was not included in original drafts but was included at a relatively late stage of the institutional and trilogue process. This is perhaps why the issue of workers’ rights is mentioned so frequently when it was not anticipated that a particular Article would be addressed to the rights of workers. The Recitals range from those specifically dealing with the position of workers to Recitals which, when mentioning creditors or other stakeholders, refer to workers or employees particularly. This underlines the importance of workers or employees in European Social Policy broadly speaking. This policy imperative is in stark contrast to the lack of protection for employees and workers generally which is apparent in the law of the United States
Paulus, Christoph and Dammam, Richard
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