Written answers
Wednesday, 26 September 2007
Department of Enterprise, Trade and Employment
Company Closures
10:00 pm
Phil Hogan (Carlow-Kilkenny, Fine Gael)
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Question 542: To ask the Minister for Enterprise, Trade and Employment if he will intervene with a financial institution (details supplied) to assist sub-contractors who are owed substantial moneys arising from the receivership at a development in County Kilkenny; and if he will make a statement on the matter. [20525/07]
Micheál Martin (Cork South Central, Fianna Fail)
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The issue raised by the Deputy is a matter for the parties concerned and I have no direct function in the matter. Receivers are appointed either pursuant to a debenture or by application to the High Court. I have no statutory power to intervene on behalf of creditors in either case.
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