IBRC Legal Cases

Dáil Éireann Debate, Tuesday - 28 January 2014

Tuesday, 28 January 2014

Ceisteanna (227)

Pearse Doherty

Ceist:

227. Deputy Pearse Doherty asked the Minister for Finance if he will provide an outline of the legal case taken by several supposedly-former directors and executives (details supplied) of Irish Bank Resolution Corporation, against IBRC in October 2013; if he will detail the outcome of these proceedings. [4315/14]

Freagraí scríofa

Minister for Finance

I have been advised by the Special Liquidators that the former senior staff who issued proceedings against IBRC Limited (in Special Liquidation) for payment of their notice entitlements have withdrawn their legal actions voluntarily.