Michael McGrath (Cork South Central, Fianna Fail)
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93. To ask the Minister for Finance the number of legal actions in which proceedings have been issued against the National Asset Management Agency; and if he will make a statement on the matter. [38774/15]

Michael Noonan (Limerick City, Fine Gael)
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I am advised that legal proceedings have been issued against NAMA or a NAMA group entity in 66 cases, of which 40 cases are ongoing. I am further advised that 26 cases have been completed. 25 of those completed cases resulted in a favourable outcome for NAMA whilst 1 case resulted in a partly favourable outcome for NAMA.