Oireachtas Joint and Select Committees
Thursday, 8 March 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Insurance (Amendment) Bill 2017: Discussion (Resumed)
9:30 am
Paddy Burke (Fine Gael) | Oireachtas source
I welcome the witnesses. They have said that the case of liquidation is much more difficult than examinership. We have seen in the past when places go into liquidation that the liquidator is always the first person who is going to get paid, and things can be dragged out. In the case of future liquidations, will the ICF, given it is the body which will collect the funding, have any say on who the liquidators are, how quickly a liquidator is appointed and how quickly the situation is dealt with?
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