Oireachtas Joint and Select Committees
Wednesday, 9 July 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Collapse of Setanta Insurance: Central Bank and Department of Finance
2:45 pm
Mr. Pat Casey:
The next step is for the liquidator to quantify the company's liabilities and determine how much they exceed its assets so that we might have an idea of how much is available from the liquidation to deal with claims. When that is clearer, the issue of applying to the ICF to compensate claimants will arise. There will be a process by which that can happen.