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

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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Regarding the company law in Malta that governs a liquidation process, is the hierarchy or ranking of creditors who get paid in the scenario similar to Irish law or are there differences between Maltese and Irish law in terms of the distribution of resources?