Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Pádraig Ó Ríordáin:

I don't have those numbers, Deputy. It would have depended a lot, from time to time, on what precisely the work was. There would have been quite a few partners involved but I don't have the numbers to hand. It's important ... that 120 were not always ... were not working at one given time or another. So that was over a period of seven years where we needed specialist teams to do specialist things. So, for example - very clear example - we'd a ... we had a litigation team that had to do some of the High Court applications in relation to direction orders, those types of things, and then we'd have corporate and capital finance teams dealing with, for example, recapitalisations of the banks or the reconstruction of the banks in 2011. So the 120 lawyers is over that period of time in total.

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