Oireachtas Joint and Select Committees
Wednesday, 1 April 2015
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Setanta Insurance Liquidation: Discussion
2:00 pm
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Therefore, the outcome of the court case for 1,444 claimants is really important. If the Minister is a party to this claim and wins, the claimants will only receive 65% from the insurance compensation fund, whereas if he loses and the MIBI is deemed liable, the claimants could receive up to 100% outside what the liquidator will then step in with. Is that correct?
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