Written answers

Tuesday, 2 December 2014

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail)
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230. To ask the Minister for Finance the number of legal proceedings that the National Asset Management Agency or its agents has initiated since its inception; the number of same that have been settled out of court; the number resolved in court; and the numbers that remain ongoing. [46381/14]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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NAMA has initiated 259 cases since its inception, of which 142 are still active. Of the 117 cases that have completed, 16 of those cases (or part thereof) were settled out of Court and 101 were determined by the Courts.

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