Dáil Éireann Debate, Tuesday - 21 June 2016
112. Deputy Paul Murphy asked the Minister for Finance if he has agreed to pay four weeks' redundancy for each year worked to former employees of the Irish Bank Resolution Corporation; if he will treat this as a valid unsecured creditor claim; the measures he will take to ensure the payment of redundancy to former staff; and if he will make a statement on the matter. [16675/16]
View answerI am informed by the Special Liquidators that employee claims for an additional four weeks pay per year of service over and above statutory redundancy entitlements have been reviewed and adjudicated by the Special Liquidators.
The Special Liquidators have confirmed that, based on legal advice, these claims for additional redundancy entitlements have not been admitted as unsecured creditors in the liquidation.
