Pat Rabbitte (Dublin South West, Labour)

I would like to press the Taoiseach on the answer he gave to Deputy Gilmore about promised bankruptcy legislation. There are hundreds of companies going out of business at the moment, not because they are fraudulently or recklessly trading, but because of market conditions, banking conditions and so on. Our bankruptcy laws are from another era and are completely unsuited to dealing with this phenomenon at the moment. Can the Taoiseach indicate when such legislation might be introduced? Which Minister is sponsoring it?

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