Denis Naughten (Roscommon-South Leitrim, Fine Gael)
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Question 25: To ask the Minister for Enterprise, Trade and Employment his plans to update the partnership law; and if he will make a statement on the matter. [35098/07]

Micheál Martin (Cork South Central, Fianna Fail)
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I have asked the Company Law Review Group, as part of their Work Programme for 2006/2007, to examine the issue of 'Limited Liability Partnerships'. This follows from concerns, particularly by the legal profession, about the consequences of unlimited liability on partners in a firm. This is one of several issues under consideration by the Company Law Review Group in its 2006/2007 Work Programme. I expect to receive the report of the Review Group in the coming months.