Dáil Éireann Debate, Tuesday - 16 June 2015
231. Deputy Michael McGrath asked the Minister for Finance if he will provide a breakdown of fees paid to barristers, senior and junior counsel, by the Irish Bank Resolution Corporation for each of the years 2011 to 2014, including the name of, and amount paid to, each recipient; and if he will make a statement on the matter. [23025/15]
View answerI would like to direct the Deputy to the Irish Bank Resolution Corporation Limited (in Special Liquidation) update report of 12 March 2015 which is available on the Department of Finance website at http://www.finance.gov.ie/sites/default/files/DOF_IBRC_Progress%20update%20report%20to%2031%20Dec%2014.pdf and in particular pages 58 to 67 inclusive. The report provides details of the fees paid to A&L Goodbody, Linklaters and other legal advisers up to 31 December 2014.
I am advised that the Special Liquidators are unable to provide the information requested due to the fact that the systems in place in Irish Bank Resolution Corporation Limited (in Special Liquidation) do not differentiate between fees paid to legal firms and fees paid to barristers; and typically, barrister fees would be included in fee notes raised by the relevant legal firm.
