Results 101-120 of 918 for liquidation ibrc

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Written Answers — Department of Finance: IBRC Mortgage Loan Book (13 Jul 2017)

Paschal Donohoe: I propose to take Questions Nos. 149 and 150 together. As the Deputy is aware, for operational reasons the loan assets of Irish Bank Resolution Corporation Limited (in Special Liquidation) (“IBRC”) were originally divided into six portfolios: Evergreen, Rock, Salt, Sand/Pearl, Stone, Pebble. The Sand portfolio originally comprised 12,702 Irish originated...

Written Answers — Department of Finance: IBRC Liquidation (13 Jul 2017)

Michael McGrath: 196. To ask the Minister for Finance the status of the special liquidation of IBRC; the portfolio that is remaining; the current estimate of the timeframe; the estimated financial outturn from the liquidation; and if he will make a statement on the matter. [34287/17]

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2015
Chapter 2 - Government Debt
Chapter 18 - Irish Fiscal Advisory Council
Finance Accounts 2015 (6 Jul 2017)

Marc MacSharry: ...Account 2015, Vote 7 - Office of the Minister for Finance, note 6.3 refers to contingent liabilities in respect of ongoing litigation relating to the Irish Bank Resolution Corporation, IBRC, Permanent TSB, PTSB, and some third party warranties and indemnities provided in connection with the sale of Irish Life Limited, the disposal of the Bank of Ireland contingent capital notes, the...

Written Answers — Department of Finance: Central Bank of Ireland Transactions (5 Jul 2017)

Paschal Donohoe: The Central Bank publishes information in this regard in its Annual Report. In 2013, the Bank acquired eight Floating Rate Notes amounting to €25 billion as part of the exchange of assets on the liquidation of IBRC. The Floating Rate Notes form part of the Bank’s Special Portfolio. The disposal policy for this portfolio remains unchanged, with the intention being to...

Written Answers — Department of Finance: Pensions Data (20 Jun 2017)

Paschal Donohoe: ...,236 2012: 220,127 2013: 238,164 2014: 225,452 2015: 197,447 2016*: 190,924 2017*: 83,169  *2016 / 2017 figures unaudited; 2017 to end May Irish Bank Resolution Corporation There were four pension schemes in place at the date of the appointment of the Special Liquidators. Three of the schemes were wound up in the weeks following the appointment and the fourth...

Written Answers — Department of Finance: IBRC Liquidation (1 Jun 2017)

Michael McGrath: 78. To ask the Minister for Finance the amount he expects the State to receive from the liquidation of IBRC; when he expects the State will receive it; the use the proceeds will be put to; and if he will make a statement on the matter. [26437/17]

Written Answers — Department of Finance: IBRC Liquidation (23 May 2017)

Billy Kelleher: 180. To ask the Minister for Finance if tendering or procurement was required for companies or persons hired to assist with the liquidation of IBRC, Irish Bank Resolution Corporation, such as in accounting, legal matters and so on; the companies or persons hired through this process; and if he will make a statement on the matter. [24098/17]

Written Answers — Department of Finance: NAMA Investigations (11 May 2017)

Michael Noonan: ...I expressed. It is important to place these comments in the context of what was happening more broadly at the time. Ireland's debt to GDP was around 120%, excluding the State's contingent liabilities relating to NAMA and IBRC. NAMA had achieved the major milestone of redeeming €7.5bn of its government guaranteed senior debt by YE2013 and had issued an additional €12.9bn of...

Written Answers — Department of Finance: IBRC Liquidation (11 Apr 2017)

Pearse Doherty: 147. To ask the Minister for Finance the way customers that may be eligible for redress as part of the tracker mortgage review will be treated in terms of a hierarchy in the liquidation process with regard to the liquidation of IBRC; and if he will make a statement on the matter. [17660/17]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector: Quarterly Engagement with Central Bank of Ireland (4 Apr 2017)

Mr. Bernard Sheridan: IBRC is subject to the framework and has been part of this examination from the beginning. It is being put through the same process as all the other lenders, so it is not getting any special treatment. Clearly, it is a different type of institution in the sense that it is being run by a liquidator. The framework being applied to it varies slightly because of the fact...

Written Answers — Department of Finance: Tracker Mortgages (30 Mar 2017) See 4 other results from this answer

Pearse Doherty: 130. To ask the Minister for Finance the number of customers of a bank (details supplied) who have been identified by the IBRC liquidators as having possibly been affected by the tracker mortgage scandal. [15807/17]

Report of the Committee of Public Accounts re National Asset Management Agency’s sale of Project Eagle: Motion (29 Mar 2017)

Mick Wallace: ...to meet Cerberus the day before the bids were due for NAMA's Project Eagle and it is right. That was not the first time this happened. At the same time as the NAMA Northern Ireland loan sale was going on, the liquidator for the Irish Bank Resolution Corporation, IBRC, was in the process of selling Project Sand, which comprised 12,700 Irish residential mortgages from the former Irish...

Written Answers — Department of Finance: IBRC Liquidation (28 Feb 2017)

Niamh Smyth: 181. To ask the Minister for Finance the status of mediation between persons (details supplied) and the special liquidators of a bank; if this mediation is ongoing; if his attention has been drawn to the next step in this matter; the mandate which has been conveyed to those negotiating on the State's behalf; the amount of legal and recovery costs already incurred by the special liquidator on...

Written Answers — Department of Finance: IBRC Liquidation (23 Feb 2017)

Michael McGrath: 142. To ask the Minister for Finance when he expects to receive an interim and final dividend from the special liquidator of IBRC; the amount of the expected dividend; and if he will make a statement on the matter. [9342/17]

Ceisteanna - Questions: Commissions of Investigation (22 Feb 2017)

Enda Kenny: It is still on track. The commission is independent and I have no information on anything else other than that it is on track for the end of December. Regarding third party costs for the IBRC commission, in its interim report of April 2016, the commission signalled that the special liquidators had informed it that the costs incurred by them in assisting the commission are €2.786...

Written Answers — Department of Finance: IBRC Operations (14 Feb 2017)

Michael Noonan: I am advised by the Special Liquidators of IBRC that there were no active Section 110 structures in place at the time of their appointment. However, they have identified at least two historic loan securitisation transactions that involved the use of Irish Section 110 structures which were unwound prior to their appointment. The information available to the Special Liquidators...

Written Answers — Department of Finance: Tax Code (7 Feb 2017)

Michael Noonan: Having consulted with the eighteen bodies under the aegis of the Department of Finance, I have been advised that in addition to NAMA, the National Treasury Management Agency (NTMA) and IBRC (in Special Liquidation) are the only other bodies which have been using the section 110 tax structure. As controller and manager of the Ireland Strategic Investment Fund,...

Written Answers — Department of Finance: Departmental Staff Data (31 Jan 2017)

Michael Noonan: ...are employed through the NTMA. ** Posts in the Credit Review Office are seconded from Enterprise Ireland (who continue to keep them on their books). One of the posts (currently vacant) is at a clerical level. *** IBRC (in special liquidation) is not part of the civil service and the remaining staff in IBRC (in special liquidation) are not deemed to be civil servants.

Written Answers — Department of Finance: NAMA Loans Sale (17 Jan 2017)

Michael Noonan: ...levels and dependence on international support at the time of the crisis, prohibited the State from directly investing in the distressed assets resulting from the crisis.  Exposure to the banks, IBRC and NAMA each became exposures of the taxpayer net liabilities - that had to be reduced for the State to regain financial stability. Interest from...

Written Answers — Department of Finance: Legal Costs (16 Dec 2016)

Michael McGrath: 123. To ask the Minister for Finance the amount of fees paid to barristers, senior and junior counsel, by IBRC since the appointment of the special liquidators; the name and amount paid to each recipient; the estimated total professional fees arising from the special liquidation; and if he will make a statement on the matter. [40646/16]