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

Mr. Antoine Mac Donncha:

MIBI could also function as a compensation of last resort, in effect. To the extent that those claims could be met by the liquidator, MIBI could choose not to meet the claims in full and leave the balance to be met by the liquidator.