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

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Therefore, if it transpires at the court sitting - I am not pre-judging it - that the MIBI is liable to pay, who will be deemed responsible in terms of the sequence of events involved? Assuming that the MIBI is liable to compensate, who will be the first party to pay out? Legally, will it be the MIBI or the insurance compensation fund?

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