16 Years A-Growing: A Reflection on 'Corporate Insolvency and Rescue', Second Edition by Irene Lynch-Fannon and Gerard Nicholas Murphy

• Date: 01 January 2013
• Author: Declan Murphy BL

16 YEARS A-GROWING: A REFLECTION ON

“CORPORATE INSOLVENCY AND RESCUE”,

SECOND EDITION

IRENE LYNCH-FANNON

AND

GERARD NICHOLAS MURPHY1

Bloomsbury, May 2012

ISBN 978 1-84766-379-5

Declan Murphy BL

1996 saw the publication of “Corporate Insolvency and Rescue” by Irene

Lynch, Jane Marshall and Rory O’Ferrall. That book represented part of the

blossoming of corporate insolvency law scholarship and publication in Ireland

(which had seen the publication by Ronan Keane of the f‌irst edition of Company

Law in the Republic of Ireland (1991), the publication by Dr. Michael Forde

the f‌irst edition of the Law of Corporate Insolvency (1993) and the publication

of the f‌irst edition by Dr. Tom Courtney of The Law of Private Companies

(1994)). Alongside those publications was the publication in 1993 of the f‌irst

edition by Lyndon MacCann of his seminal annotation of the Companies

Acts.

It was only in 2012 that a second edition of Corporate Insolvency and

Rescue was published, now under the authorship of Professor Lynch-Fannon

and Gerard Murphy. Like the f‌irst edition, the second edition is a marriage

of academic and practitioner perspectives. The publication of a second edition

of this valuable text at a distance of some 16 years from the publication of

the f‌irst edition allows readers to ref‌lect on a number of issues and themes,

including, legal and academic scholarship in Ireland, the role played by

particular judges in the development of corporate insolvency law and, more

generally, the role of corporate insolvency law in Irish economy and society.

The period 1996 to 2012 has seen very considerable changes in the Irish

economy. There was a period of modest, then accelerating, then ultimately

catastrophic growth. 2006/2007 saw a peak of the residential and investment

property markets and, from Autumn 2008, Ireland has suffered a banking

crisis and resultant recession, more severe than anything seen since the Great

Depression.

1 Irene Lynch Fannon and Gerard Nicholas Murphy, Corporate Insolvency and Rescue,

2nd edn (Bloomsbury, 2012)

Book Reviews.indd 139 11/06/2013 10:46