Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of IBRC: Discussion

12:30 pm

Mr. Mike Aynsley:

It depends on the situation. It is much more important to have direct control over them in circumstances where one does not have a consensual restructuring or working out of a situation with a client. In many cases, clients have operating businesses and will require control over cash flows in order to operate those businesses successfully on a day-to-day basis.

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