Michael McGrath (Cork South Central, Fianna Fail)
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60. To ask the Minister for Finance the position in relation to unsecured creditors of Irish Bank Resolution Corporation, if the special liquidators are currently in communication with the unsecured creditors; if he expects these creditors to be paid in full; and if he will make a statement on the matter. [25055/14]

Michael Noonan (Limerick City, Fine Gael)
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I have been advised by the Special Liquidators that all creditors detailed in the books and records of Irish Bank Resolution Corporation (in Special liquidation) as at 7 February 2013 were written to shortly after the appointment of the Special Liquidators and asked to submit their claims. Those creditors determined to be unsecured were notified of same. All unsecured creditor claims have been kept on file until it is confirmed whether dividends will be payable to unsecured creditors in whole or in part. It is not yet known if dividends will be paid to unsecured creditors.

Michael McGrath (Cork South Central, Fianna Fail)
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61. To ask the Minister for Finance the total value of deposits at Irish Bank Resolution Corporation that were not covered by the Deposit Guarantee Scheme or the Eligible Liabilities Guarantee; the current status of these deposits; if he expects these to be re-paid in full; and if he will make a statement on the matter. [25056/14]

Michael Noonan (Limerick City, Fine Gael)
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I have been advised by the Special Liquidators that the total value of deposits not covered by the DGS or ELG schemes is €20,765,407. These deposits are unsecured creditors of the company and the Special Liquidators have confirmed that their details are being retained on file.  The extent of any potential distribution to them will depend on whether there will be distributable assets to meet the claim of unsecured creditors in whole or in part.

Michael McGrath (Cork South Central, Fianna Fail)
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62. To ask the Minister for Finance if he has at any stage exercised his power to direct the special liquidators of Irish Bank Resolution Corporation to take certain actions during the course of the liquidation process; and if he will make a statement on the matter. [25057/14]

Michael Noonan (Limerick City, Fine Gael)
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All decisions pertaining to the Special Liquidation of Irish Bank Resolution Corporation have been made by the Special Liquidators taking into account the Ministerial Instructions issued to them.

On 7 February 2013 I issued instructions to the Special Liquidators (on foot of the Special Liquidation Order) which set out details in respect of the manner in which the winding up of IBRC was to proceed. I issued further instructions on 10 May 2013, on 20 July 2013 and on 24 April 2014. The instructions are available on the Oireachtas website at the links listed below.