Pearse Doherty (Donegal South West, Sinn Fein)
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95. To ask the Minister for Finance the remuneration paid to the special liquidator and the firm of KPMG in fees to date arising out of the liquidation of Irish Bank Resolution Corporation. [32757/13]

Pearse Doherty (Donegal South West, Sinn Fein)
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96. To ask the Minister for Finance the budget for the expected total remuneration for the special liquidator at Irish Bank Resolution Corporation. [32758/13]

Pearse Doherty (Donegal South West, Sinn Fein)
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108. To ask the Minister for Finance the expected cost for professional fees for the special liquidation of Irish Bank Resolution Corporation for third party fees from the date of the appointment of the special liquidator. [32772/13]

Pearse Doherty (Donegal South West, Sinn Fein)
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109. To ask the Minister for Finance if he will provide an update on the actual level of legal fees incurred from the date of the appointment of the special liquidator to May 2013. [32773/13]

Michael Noonan (Limerick City, Fine Gael)
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I propose to Questions Nos. 95, 96, 108 and 109 together.

I have been advised by the Special Liquidators that they are unable to provide an estimate of the total remuneration payable to them or to any third party in the special liquidation of IBRC at this time. The Department of Finance is in regular contact with the Special Liquidators and is closely monitoring the progress of the liquidation. Weekly meetings are held at which the Special Liquidators provide an update on key developments and outstanding issues. Furthermore a monthly report is furnished to the Department detailing the progress on all matters in relation to the liquidation including the valuation and sales process, finance, deposits, derivatives and hedging, legal issues and litigation, HR, IT operations, compliance and governance and overall project management.

I am advised by the Special Liquidators that they will comply with their reporting obligations in relation to the reporting of their fee, of legal fees and other third party fees. As such returns will be filed with the CRO after two years of the liquidation and yearly thereafter as required.

Pearse Doherty (Donegal South West, Sinn Fein)
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97. To ask the Minister for Finance if he will confirm that professional fees due to various firms including (details supplied) at the date of the appointment of the special liquidator have been paid and the amounts; and if he will confirm that any such professional fees due and unpaid as the date of the appointment of the special liquidator in February 2013 will rank with other creditors as unsecured. [32759/13]

Michael Noonan (Limerick City, Fine Gael)
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Due to commercial confidentiality and sensitivities, and also solicitor/client confidentiality, I have been advised by the Special Liquidators that they do not propose to provide details of amounts due and paid by IBRC (in Special Liquidation) to Arthur Cox and/or Ernst & Young.

The Special Liquidators have advised that any amounts owing to these firms prior to the liquidation or any payment outstanding at the conclusion of the liquidation will rank as unsecured.

Pearse Doherty (Donegal South West, Sinn Fein)
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98. To ask the Minister for Finance if he will disclose the details and amount of all creditors paid in six months to the date of the appointment of the special liquidator at Irish Bank Resolution Corporation in February 2013. [32761/13]

Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Special Liquidators that for commercial sensitivity reasons they will not be disclosing this information at this time. However, I am advised that the Special Liquidators will fully comply with their reporting obligations in relation to the reporting of liquidation expenses in due course. As such returns will be filed with the CRO after two years of the liquidation and yearly thereafter as required.

Pearse Doherty (Donegal South West, Sinn Fein)
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99. To ask the Minister for Finance the number of legal cases the special liquidator is involved in as a plaintiff and if he will quantify the number of cases; the amount involved and the financial provision that has been made to cover the special liquidator's legal costs in taking these cases. [32762/13]

Pearse Doherty (Donegal South West, Sinn Fein)
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100. To ask the Minister for Finance the number of legal cases the special liquidator is involved in as a defendant; and if he will quantify the number of cases and the amount involved and the financial provision that has been made to cover the special liquidators legal costs in defending these cases. [32763/13]

Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 99 and 100 together.

I have been advised by the Special Liquidators that there were 120 cases being taken against IBRC at the date of liquidation. Furthermore, there were 720 cases being taken by IBRC (in Special Liquidation) against a variety of defendants but primarily against borrowers, former staff and former professional advisors.

Due to commercial confidentiality and sensitivities, the Special Liquidators are unable to disclose the amounts involved and the financial provisions in place for legal cases.