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NAMA Legal Fees

Dáil Éireann Debate, Wednesday - 26 July 2017

Wednesday, 26 July 2017

Ceisteanna (130, 199)

Mick Wallace

Ceist:

130. Deputy Mick Wallace asked the Minister for Finance the law firms currently working for or that have worked for NAMA; and the fees paid to each in each of the years 2011 to 2016 and to date in 2017, in tabular form. [35936/17]

Amharc ar fhreagra

Richard Boyd Barrett

Ceist:

199. Deputy Richard Boyd Barrett asked the Minister for Finance the amount NAMA has paid out in legal fees since its inception, by year. [36343/17]

Amharc ar fhreagra

Freagraí scríofa

I propose to take Questions Nos. 130 and 199 together.

The information sought by the Deputy, with regard to legal fees paid by NAMA, is set out in the following table for the period from 2010 to date.

I am advised by NAMA that the figures do not include recoverable fees, i.e. legal fees that NAMA has incurred on behalf of debtors that are added to debtor loan balances. Having regard to the time period in question, I am advised it is not possible within the time available to provide information on recoverable fees. This supplementary information is being compiled and I will arrange for a further reply to be provided in line with Standing Orders.

Legal Fees

2010

2011

2012

2013

2014

2015

2016

Q1 2017

Grand Total

Arthur Cox Solicitors

863,592

648,877

472,707

310,532

283,272

258,401

430,015

15,500

3,282,895

EUGENE F COLLINS

271,958

1,888,120

244,892

343,853

100,442

124,705

2,973,969

McCann Fitzgerald

53,249

579,883

273,377

634,216

581,671

471,688

110,484

9,773

2,714,340

A&L Goodbody Solicitors

192,288

610,220

300,976

29,734

115,935

487,113

198,599

33,542

1,968,408

Matheson

68,290

457,713

402,647

95,907

128,734

417,853

14,931

12,895

1,598,971

ALLEN & OVERY LLP

502,827

380,248

46,078

571,358

19,458

0

0

0

1,519,968

DLA PIPER UK LLP

104,192

2,451

183,328

739,915

202,129

18,632

13,525

1,264,172

BEAUCHAMPS SOLICITORS

101,473

9,111

308,791

240,417

209,299

206,869

182,770

1,258,730

McCarter & English LLP

835,058

276,367

8,796

79,048

0

1,199,269

WILLIAM FRY SOLICITORS

381,645

536,766

7,309

77,716

41,155

90,729

48,907

0

1,184,227

MAPLES AND CALDER

800,711

59,948

100,897

132,166

66,459

0

1,160,181

BYRNE WALLACE

319,205

116,311

62,144

130,478

326,399

74,698

37,649

1,066,884

RONAN DALY JERMYN SOLICITORS

126,795

107,076

410,111

153,392

81,555

8,633

887,561

EVERSHEDS O'DONNELL SWEENEY

44,149

337,596

48,221

170,847

112,216

94,127

0

0

807,156

SERVULO & ASSOCIADOS

41,526

321,619

12,423

394,936

0

770,503

SIMMONS & SIMMONS LLP

20,703

109,444

319,531

138,024

57,186

35,651

3,039

0

683,578

HAYES SOLICITORS

34,405

25,196

36,116

188,494

161,357

153,870

45,343

644,782

HOGAN LOVELLS INTERNATIONAL LLP

917,654

1,243

7,990

408,395

26,563

12,350

49,739

607,143

MASON HAYES + CURRAN

10,285

37,717

208,431

84,791

203,950

419

545,593

TAYLOR WESSING LLP

228,903

19,048

13,284

138,809

39,064

12,519

22,609

474,235

Quarles & Brady LLP

18,479

66,752

39,574

65,477

201,700

0

391,982

LK SHIELDS SOLICITORS

23,000

23,556

32,956

200,784

49,382

9,696

0

339,374

PAUL SREENAN

3,061

117,418

169,282

40,590

0

0

0

330,352

Vroninks & Ricker

303,918

0

0

0

303,918

Gartlan Furey Solicitors

224,741

23,157

36,745

9,336

0

0

293,979

Bayern LB

113,454

178,775

0

0

0

292,230

Lavelle Solicitors

150,762

119,727

0

0

270,489

Wragge Lawrence Graham & Co

98,174

151,483

0

0

249,657

ARTHUR COX NORTHERN IRELAND

3,663

17,373

38,204

34,471

97,878

10,980

1,719

0

204,289

Hogan Lovells International LLP (Madrid)

0

0

0

-  

142,819

41,880

0

184,699

Dillon Eustace

0

48,046

0

0

16,336

46,853

5,848

64,245

181,328

Graf von Westphalen

109,764

65,615

0

0

0

175,379

Cian Ferriter

128,904

33,518

-  

0

0

0

162,422

Burges Salmon LLP

0

153,511

0

153,511

Uria Menedez

95,715

14,194

21,618

0

131,527

Alfred Thornton & Company

9,050

5,931

12,243

50,050

12,300

34,363

0

123,936

McCann Fitzgerald London Solicitors

123,663

0

0

0

123,663

Taylor Wessing LLP (Munchen)

69,259

52,846

0

0

122,105

OLSWANG LLP

0

77,858

43,694

-  

0

0

0

121,552

Parker, Hudson, Rainer & Dobbs LLP

4,988

45,704

62,357

-  

0

0

0

113,049

Wierzbowski Eversheds

85,638

24,956

0

110,594

ADDLESHAW GODDARD LLP

26,554

75,118

-  

0

0

0

101,672

Various suppliers - cumulative < 100k

114,651

713,611

426,512

745,851

1,449,555

120,058

275,262

181,836

4,027,336

Accruals, VAT recoveries & other expenses

1,063,247

1,869,612

1,357,622

(3,842,595)

1,624,944

1,221,114

502,144

130,817

3,926,906

Grand Total €

3,311,367

9,478,148

4,634,000

2,975,001

8,574,000

     5,658,000

     3,484,000

         934,000

39,048,516

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