Written answers
Tuesday, 28 January 2014
Department of Finance
IBRC Legal Cases
Pearse Doherty (Donegal South West, Sinn Fein)
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227. To ask the Minister for Finance if he will provide an outline of the legal case taken by several supposedly-former directors and executives (details supplied) of Irish Bank Resolution Corporation, against IBRC in October 2013; if he will detail the outcome of these proceedings. [4315/14]
Michael Noonan (Limerick City, Fine Gael)
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I have been advised by the Special Liquidators that the former senior staff who issued proceedings against IBRC Limited (in Special Liquidation) for payment of their notice entitlements have withdrawn their legal actions voluntarily.
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