Seanad debates
Thursday, 19 December 2002
Tipperary Plant Closure.
I will not go into the details of the examinership. The Minister of State is probably familiar with the situation in any event. Two examiners were appointed, one when the original Antigen plant got into difficulty and another when the takeover by Miza failed to yield the desired result. The Minister of State may have read some commentary in The Sunday Business Post last weekend that articulated very well some of the concerns now being expressed. It asked whether the failure of the Miza Pharmaceuticals Ltd. examinership casts a dark cloud over the country's corporate rescue legislation.
No comments