Written Answers Nos. 50-53
50. Deputy Catherine Murphy asked the Minister for Finance if he will list the legal actions that were underway against Irish Bank Resolution Corporation at the time of its entering into special liquidation; the total amount spent by Irish Bank Resolution Corporation on legal fees defending against such actions; the projected cost to the State of resolving such action; and if he will make a statement on the matter. [10497/13]
View answerI have been advised that due to commercial confidentiality and sensitivities, the Special Liquidators are unable to provide a list of the legal actions that were under way against IBRC at the date of the appointment of the Special Liquidators. All relevant disclosures in respect of legal cases involving IBRC are publicly available through the Courts Service website.
51. Deputy Brian Stanley asked the Minister for Finance the number of Irish Bank Resolution Corporation staff in the North of Ireland and other jurisdictions who have been made redundant, by region, and the numbers re-hired, by region. [10580/13]
View answerI am advised that as a result of the appointment of the Special Liquidators, only employment contracts in the Republic of Ireland were terminated. I am further advised that some staff were employees of subsidiaries not initially directly affected by the liquidation. The Special Liquidators are establishing the composition and ownership structure of the subsidiaries, of which there are nearly 300. However, no entities other than the Bank were specific parties to the special liquidation order of 7 February last. The remaining subsidiaries will be wound up or sold by the Special Liquidators to optimise value. Once all of its obligations are resolved, IBRC will cease to exist.
52. Deputy Seán Crowe asked the Minister for Finance the lobbies or approaches by individuals or bodies, including other Departments, that were made to him in advance of the Finance Bill 2013 being drafted in relation to the Living City initiative; the status of the EU state aid review of the potential scheme now it has been written into legislation; the other cities he has identified for this scheme following on from the pilot scheme; and if he will outline the number of Georgian houses in Limerick and Waterford versus Dublin or other counties. [10575/13]
View answerIn advance of the publication of Finance Bill 2013, approaches were received from the Minister for Arts, Heritage and the Gaeltacht and the newly combined Limerick local authorities. EU State Aid approval can not be sought for this initiative until the Finance Bill 2013 is actually enacted. Other cities which might be included if the pilot scheme were to be extended, as well as the number of Georgian houses in each city, will become clearer following the ex ante cost benefit analysis. I can advise the Deputy that there are approximately 600 Georgian houses in Limerick city centre.
53. Deputy Robert Troy asked the Minister for Finance if he has altered his view on the common consolidated corporate tax base; the current status of talks in relation to the CCTB; and if he will make a statement on the matter. [10625/13]
View answerThe Government's position on the European Commission proposal for a Common Consolidated Corporation Tax Base remains unchanged. Although we are sceptical about the proposal, we will continue to engage constructively with our EU colleagues. Technical discussions on the proposal are continuing under the Irish Presidency.
