Oireachtas Joint and Select Committees

Thursday, 13 July 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Overview of Operations and Functioning of NAMA: Discussion

9:30 am

Mr. Brendan McDonagh:

We hope so. The reality is that there are not that many new cases now. Many of the cases have been ongoing for years and have been held up or drawn out in various court systems. To be fair to the Irish court system, we generally move through it reasonably quickly, if not quickly enough - that is certainly the case in the commercial court - but in foreign jurisdictions, cases are subject to their vagaries.

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