Dáil debates

Wednesday, 6 February 2013

Irish Bank Resolution Corporation Bill 2013: Committee and Remaining Stages

 

Photo of Mattie McGrathMattie McGrath (Tipperary South, Independent) | Oireachtas source

Section 4 provides for the making of a special liquidation order. Section 6 provides that there shall be an immediate stay on all proceedings against IBRC, other than regulatory or criminal proceedings, and that no further actions or proceedings can be issued against IBRC without the consent of the High Court.

I wish to propose an amendment there that would include the words, "That all existing cases can proceed without getting the agreement of the High Court".

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