Dáil Éireann Debate, Thursday - 12 June 2014
60. Deputy Michael McGrath asked the Minister for Finance the position in relation to unsecured creditors of Irish Bank Resolution Corporation, if the special liquidators are currently in communication with the unsecured creditors; if he expects these creditors to be paid in full; and if he will make a statement on the matter. [25055/14]
View answerI have been advised by the Special Liquidators that all creditors detailed in the books and records of Irish Bank Resolution Corporation (in Special liquidation) as at 7 February 2013 were written to shortly after the appointment of the Special Liquidators and asked to submit their claims. Those creditors determined to be unsecured were notified of same. All unsecured creditor claims have been kept on file until it is confirmed whether dividends will be payable to unsecured creditors in whole or in part. It is not yet known if dividends will be paid to unsecured creditors.
