Oireachtas Joint and Select Committees

Tuesday, 3 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with AIB

8:20 pm

Mr. Brendan O'Connor:

Yes, in the context of a personal insolvency arrangement, PIA, to the extent that the property gets marked down to its market value, that becomes an unsecured claim, which becomes relevant in respect of the voting rights.

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