Caparo Judgment

Mr. Austin Mitchell
To ask the President of the Board of Trade (1) what proposals he has for legislation under which company auditors will owe a duty of care to current individual shareholders and creditors; [34096](2) what proposals he has for statutory reversal of the Caparo judgment. [34103]

Mr. Oppenheim
I have no plans to change the current state of the law, but am keeping the situation under review.