Results 141-160 of 918 for liquidation ibrc

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Written Answers — Department of Finance: Deposit Guarantee Scheme (12 Jul 2016)

Michael Noonan: As I outlined in my response to Parliamentary Question number 115 of 23 June 2016, since the liquidation of IBRC in February 2013, there has been no timeframe set for the appointment of an assessor to independently determine the fair and reasonable aggregate value, if any, of the transferred shares and extinguished rights and the consequent amount of compensation, if any, that may be payable...

Commission of Investigation (Irish Bank Resolution Corporation) Bill 2016: Second Stage (8 Jul 2016) See 6 other results from this debate

David Stanton: ...the Bill, the Government wants an effective, efficient and timely investigation into the issues of significant public concern which have arisen in relation to certain transactions conducted by the IBRC. It is evident that this aim is shared across this House and I thank again those Members involved in the consultations which led to these provisions. I also acknowledge the very...

Written Answers — Department of Finance: IBRC Liquidation (7 Jul 2016)

Pearse Doherty: 96. To ask the Minister for Finance the cost of the special liquidation of IBRC to date; and the estimated final cost. [20337/16]

Written Answers — Department of Finance: Deposit Guarantee Scheme (23 Jun 2016)

Michael Noonan: ...extinguished rights and the consequent amount of compensation, if any, that may be payable to persons in respect of Anglo Irish Bank shares transferred and rights extinguished under the Act. Since the liquidation of IBRC in February 2013, there has been no timeframe set for the appointment of an Assessor. An update on the liquidation of IBRC can be found at. The Deposit Guarantee Scheme...

Written Answers — Department of Finance: IBRC Liquidation (21 Jun 2016)

Mick Wallace: 142. To ask the Minister for Finance if he will publish the legal opinion of a company (details supplied) mentioned in the KPMG progress report on the Irish Bank Resolution Corporation issued to him on 27 May 2016, which suggests that delayed recognition of losses is legal and complies with Irish company law; and if he will make a statement on the matter. [16996/16]

Written Answers — Department of Finance: Banking Sector (16 Jun 2016)

Michael Noonan: ...extinguished rights and the consequent amount of compensation, if any, that may be payable to persons in respect of Anglo Irish Bank shares transferred and rights extinguished under the Act. Since the liquidation of IBRC in February 2013, there has been no timeframe set for the appointment of an Assessor. An update on the liquidation of IBRC can be found at The Deposit Guarantee Scheme...

Written Answers — Department of Finance: Departmental Properties (16 Jun 2016)

Michael Noonan: ...Council Financial Services Ombudsman Bureau offices used for secretariat and meeting purposes. n/a n/a n/a Investor Compensation Company Ltd Nil n/a n/a n/a Irish Bank Resolution Corporation (IBRC in Special Liquidation) Floors 1 and 2, Joshua Dawson House, Dawson Street, Dublin 2, together with 12 car park spaces. Part of 2nd Floor Kings Building, Church Street, Dublin 7. No...

Written Answers — Department of Finance: IBRC Liquidation (8 Jun 2016)

Pearse Doherty: 127. To ask the Minister for Finance the status of former employees of the Irish Bank Resolution Corporation as creditors in the liquidation process; and if he will make a statement on the matter. [14272/16]

Written Answers — Department of Finance: IBRC Liquidation (8 Jun 2016)

Paul Murphy: 140. To ask the Minister for Finance the steps he will take to ensure persons receive their agreed entitlements in respect of the non-payment of agreed redundancy pay to former IBRC staff; and if he will make a statement on the matter. [14529/16]

Written Answers — Department of Finance: Government Deficit (2 Jun 2016)

Michael Noonan: The Special Liquidators of IBRC announced last Friday (via a third progress update report which is available on the Department of Finance website) that they hope to be in a position to make an interim distribution by 31 December 2016 of 25% of all admitted claims made by unsecured creditors. While neither the Department of Finance nor the Special Liquidators announced the sum that the...

Written Answers — Department of Finance: IBRC Account Holders (31 May 2016) See 1 other result from this answer

Michael McGrath: 248. To ask the Minister for Finance if he is aware that the Irish Bank Resolution Corporation, in special liquidation, is no longer in a position to provide legacy account support or assistance for loan accounts, mortgage accounts or deposit accounts, including the printing of copy statements or loan offer letters, due to the wind-down of the IBRC; if he will acknowledge that this may cause...

Central Bank (Variable Rate Mortgages) Bill 2016: Second Stage [Private Members] (17 May 2016)

Michael McGrath: .... The situation facing approximately 46,000 mortgage holders whose mortgages are now owned by non-bank lenders must also be highlighted. Many of these mortgages are owned by so-called vulture funds which bought mortgages from the IBRC special liquidators and foreign-owned banks departing the Irish market. If these funds decide tomorrow morning that the mortgage rate should be increased...

Written Answers — Department of Finance: IBRC Liquidation (17 May 2016)

Michael McGrath: 227. To ask the Minister for Finance to set out the status of the special liquidation of the Irish Bank Resolution Corporation, including when it will be complete and the return to the State, based on available information; and if he will make a statement on the matter. [10644/16]

Written Answers — Department of Finance: IBRC Liquidation (14 Apr 2016)

Michael McGrath: 81. To ask the Minister for Finance his views on correspondence (details supplied) regarding the special liquidation of the Irish Bank Resolution Corporation. [6343/16]

Written Answers — Department of Finance: IBRC Bonds (6 Apr 2016)

Michael Noonan: I am advised that the nominal value of the Central Banks current holdings of floating rate bonds related to the liquidation of IBRC amounts to €22.034 billion. The Central Bank indicated a minimum disposal schedule of €0.5 billion up to the end of 2014, €0.5 billion per annum 2015-2018, €1 billion per annum 2019-2023 and €2 billion per annum after that...

Written Answers — Department of Finance: IBRC Liquidation (6 Apr 2016)

Pearse Doherty: 172. To ask the Minister for Finance if he will provide an update of the liquidation process at the Irish Bank Resolution Corporation, including the timeframe for any likely payments to junior bondholders; and if he will make a statement on the matter. [6164/16]

Housing and Homelessness: Statements (22 Mar 2016)

Mick Barry: ...of them had lived in the properties in question for years. The letters were issued by Grant Thornton, the receiver in charge of 127 apartments on the estate, which was appointed by the State-owned IBRC in November 2010. This is the latest chapter in the saga of Anglo Irish Bank and the Irish Nationwide Building Society. KPMG has been the Government appointed liquidator of IBRC since...

Seanad: Joint Committee of Inquiry into the Banking Crisis: Statements (2 Feb 2016) See 1 other result from this debate

Michael D'Arcy: ...was that we were over the cliff, so to speak, in 2005. At that stage it was only a question of how bad the position was; we just did not know. We found that the ECB threatened to remove emergency liquidity assistance, ELA. That was put into the report and it got a good deal of coverage. In terms of what I found from that, it was the cumulative interaction between the ECB and the...

Written Answers — Department of Finance: Central Bank of Ireland Transactions (2 Feb 2016)

Michael Noonan: Subsequent to the liquidation of IBRC the Central Bank acquired €25bn of Floating Rate Notes (FRNs) and €3.46bn of Government Fixed Coupon 2025 Government bonds. The Central Bank indicated a minimum disposal schedule of €0.5 billion up to the end of 2014, €0.5 billion per annum 2015 to 2018, €1 billion per annum 2019 to 2023 and €2 billion per annum...

Joint Committee of Inquiry into the Banking Crisis: Statements (28 Jan 2016) See 1 other result from this debate

Damien English: ...of years in only having construction-based jobs which is what led us to the fiscal crisis which was just as detrimental as the banking crisis. The lending practices of the banks made them vulnerable to a liquidity risk which was not recognised. By 2008, banks had moved away from prudent lending principles towards a riskier, asset value-based lending model in their dealings with the...