Enda Kenny (Mayo, Fine Gael) | Oireachtas source

As I said, the Government introduced a strengthened company law Act last year, which was in gestation over the last decade when a number of governments were in office. I do commit that the Company Law Review Group, which is headed by an eminent person, should examine this issue to see whether it is appropriate that some changes be made to the law, as enacted, in order to prevent this kind of situation arising again. I must stress that company law, in its entirety, is complex. I do undertake, however, that the Company Law Review Group, under the direction of the Minister, Deputy Bruton, following the report by the Minister of State, Deputy Nash, will examine the situation and will report to the House on that.

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