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Legal Proceedings

Dáil Éireann Debate, Tuesday - 30 January 2018

Tuesday, 30 January 2018

Questions (85)

Catherine Connolly

Question:

85. Deputy Catherine Connolly asked the Minister for Finance the status of the legal proceedings following the service of a plenary summons (details supplied) of 8 December 2017; if a statement of claim has been served; and if he will make a statement on the matter. [4295/18]

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Written answers

A plenary summons in the proceedings entitled "David Hall v Minister for Finance, Ireland and the Attorney General" dated 8 December 2017 was received by the Department of Finance on 11 December.  The Chief State Solicitor's Office entered an Appearance for the respondents on 14 December, and has instructed counsel.  The plaintiff's Statement of Claim has not yet been served.

The plenary summons seeks a number of declaratory reliefs in relation to the allegation that the Minister has failed to ensure that there is an effective process for assessing and monitoring the remuneration of the Special Liquidators of IBRC. 

I am conscious that these proceedings are currently before the High Court.  I will however reiterate that I am satisfied that the fees and expenses in the Special Liquidation are appropriately assessed and monitored.

The Department has regular meetings with and receives regular reports from the Special Liquidators regarding the conduct of the liquidation. Four very comprehensive reports on the conduct of the Special Liquidation have been published annually since June 2014. These are publicly available on the Department's website.

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