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Institiúid Teangeolaíochta Éireann.

Dáil Éireann Debate, Wednesday - 13 October 2004

Wednesday, 13 October 2004

Questions (132)

John Gormley

Question:

133 Mr. Gormley asked the Minister for Education and Science the plans for the future use of the ITÉ premises (details supplied); if all litigation regarding ITÉ has come to an end; if so, the outcome of the litigation; the cost to the ITÉ in legal fees and other costs; and if she will make a statement on the matter. [24803/04]

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Written answers

At an extraordinary general meeting of ITÉ, held on 18 July 2003, the company agreed to initiate a process of voluntary liquidation. This decision was a matter for the members in accordance with their memorandum and articles of association and relevant company law. A meeting of the executive committee of ITÉ on 5 December 2003 agreed to the appointment of a liquidator, who was subsequently appointed on 9 January 2004.

The liquidator has assumed responsibility for the management and winding up of the affairs of ITÉ from that date. This includes responsibility for dealing with property disposal issues and outstanding litigation issues. My Department has been liaising closely with the liquidator since his appointment. The final legal fees associated with outstanding litigation cases will form part of a report from the liquidator to my Department.

ITÉ operates from a number of leased premises. I understand that the property referred to by the Deputy is leased from the Office of Public Works, which has agreed to take over the property following the completion of the liquidation. The future of this property, following the completion of the liquidation, is a matter for that office.

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