Results 1,721-1,740 of 32,837 for speaker:Catherine Connolly
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: When the letter of non-disclosure went out, who had to sign up to that?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: The investors. What about their legal team?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: I have asked this question and other Deputies have asked it and we are waiting. Did Mr. Long send out a non-disclosure agreement to all bidders?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: As part of that non-disclosure agreement, were their property advisers and legal teams pre-empted from disclosing information? Once they signed up to that non-disclosure agreement, did that stop them sharing the information they learned about with anybody else?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Let us move to Cerberus and when the legal teams changed over, did they disclose to Lazard?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: I will just put my question again. Did Cerberus disclose to Lazard that it was now taking on Brown Rudnick and Tughans?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Yes.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Did Cerberus disclose to Lazard?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: So Cerberus did not disclose to Lazard. Cerberus signed a non-disclosure agreement. I am only listening to Mr. Long and learning with him.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Please. I am not asking Mr. Long to tell me his understanding of Cerberus's position. That would be too much. Cerberus had its own legal team in here and it had its opportunity. I am asking Mr. Long, as an employee of the company that was chosen to advise on this. Lazard sent out a letter of non-disclosure. Did Cerberus comply with that non-disclosure agreement?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: I beg Mr. Long's pardon if he was.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: I am sorry Mr. Long, but that has happened every time I have raised this - not just with Mr. Long. PIMCO withdrew. According to his evidence, Mr. Long knows nothing about the circumstances. Is that not correct?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: The legal team for PIMCO marched across and went to Cerberus. Is Mr. Long aware of that?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: It happened within a very brief time. Did Cerberus tell Lazard?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Should Cerberus have told Lazard, according to the non-disclosure agreement that was sent out?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: That is okay. I appreciate Mr. Long wants to be very careful.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Mr. Long was also reminded that no informational materials, including the fact that the portfolio exists, may be disclosed to any external advisers without pre-approval from the seller. Mr. Long sent out the letters. Were the agreements complied with by Cerberus? Is Mr. Long's answer that he does not know?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: In simple, plain English, not legal language, did Brown Rudnick come back and say it was working for PIMCO up to a few days ago and now we are working for Cerberus, is that okay with Lazard?
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Good. They did not say that. That is great.
- Public Accounts Committee: Special Report No. 94 of the Comptroller and Auditor General: National Asset Management Agency Sale of Project Eagle (Resumed) (22 Nov 2016)
Catherine Connolly: Mr. Long can come back to the technical breach.