This has just been released and there is little info on it at the moment bar the fact that the Irish Government should have stepped in at at the bankruptcy stage of the company where the pension pot did'nt add up to the full amount. I think 10 workers were involved in the case and was brought after an english lady won her case. It could secure them €2.6m in pension entitlements — and many millions more for thousands of other Irish workers. [edit: 26 APRIL 2013. THE State faces having to find up to €200m to compensate Waterford Crystal workers for the loss of their pension benefits].
"...Much of their claim rests on the case of English woman Carol Robins who successfully took the British government to court over a similar double insolvency.She had only received 49% of her pension, considerably more than the Waterford employees are expecting."
When the matter was brought before the Commercial Court the workers said the State had failed to meet its obligations under the EU Insolvency Directive to “protect” workers whose employers become insolvent. Department of Finance Kevin Cardiff (where is he now) said it was not possible for the Government to guarantee either the €13bn actuarial cost of full pension entitlements in insolvency situations or the lesser unspecified cost of paying less than 100% of the entitlements of persons still working at the time of insolvency. So Kevin was wrong again and there he is making a fortune abroad making more decisions.