The Gazette 1983

INCORPORATED LAW SOCIETY OF IRELAND GAZETTE

May 1983

Vol. 77. No. 4

Comment Going . • .

In this issue . . .

83

Going . . .

Comment

Gone A most disturbing feature of recent insolven- cies, at least in the Dublin area, has been the canvassing of creditors by prospective liquida- tors seeking support for their appointment. The existence of such canvassing does nothing to cast doubt on the allegation that receiverships and liquidations are extremely profitable sources of revenue for those appointed. Contests between the director's nominees and those of creditors are perhaps inevitable and there may be occasions when one group of creditors may legitimately feel that their interests might be better served by another liquidator than the one proposed by one major creditor. It is not easy to see, however, why creditors should have to be importuned by candidates for appointment as liquidator. In many cases the creditors will, unfortunately, already have sufficient experience of insolvencies to be able to decide, perhaps in consultation with others similarly placed, on the most suitable appointee. It is a practice which diminishes the reputation of the accountancy profession and it is to be hoped that the professional bodies of accountants will take steps to end it. •

People v. Pringle, McCann & O'Shea Part 2

85

Company/Commercial Referral Service

91

Q-J

The Purpose of Prisons?

Launch of Reprint of Irish Statutes 1922/76

99

Gifts and Distributions to U.K. Residents

101

1 03

Book Review

1 05

Tourism Symposium in Galway

107

Law Society Journalism Prize

1 07

Diary

Correspondence

^^

Professional Information

Executive Editor: Mary Buckley Editorial Board: Charles R. M. Meredith, Chairman John F. Buckley Gary Byrne William Earley Michael V. O'Mahony Maxwell Sweeney Advertising: Liam Ó hOisin, Telephone 3 0 5 2 36 The views expressed in this publication, save where other- wise indicated, are the views of the contributors and not necessarily the views of the Council of the Society. The appearance of an advertisement in this publication does not necessarily indicate approval by the Society for the product or service advertised.

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Published at Blackhall, Place, Dublin 7.

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