Dáil Éireann Debate, Wednesday - 8 June 2016
127. Deputy Pearse Doherty asked the Minister for Finance the status of former employees of the Irish Bank Resolution Corporation as creditors in the liquidation process; and if he will make a statement on the matter. [14272/16]
View answer128. Deputy Pearse Doherty asked the Minister for Finance if former workers at Irish Bank Resolution Corporation will receive four weeks' redundancy pay less statutory pay, given the latest report on the liquidation of the Irish Bank Resolution Corporation; and if he will make a statement on the matter. [14273/16]
View answerI propose to take Questions Nos. 127 and 128 together.
I am advised by the Special Liquidators of IBRC that all of the preferential creditor payments to former employees of IBRC have been processed for payment.
The unsecured creditor claims of former employees of IBRC are in the process of being adjudicated on by the Special Liquidators. Only valid and agreed unsecured creditor claims of former employees will rank for payment as an unsecured creditor of the liquidation.
