Written answers

Tuesday, 20 June 2017

Department of Finance

Company Liquidations

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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208. To ask the Minister for Finance the number of outstanding claims with regard to a company (details supplied) awaiting payment in increments of €100,000, in tabular form; and if he will make a statement on the matter. [26602/17]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The Liquidator for Setanta has informed me that there are currently 320 claims ready for settlement and listed for inclusion in the next application for payment from the ICF which will shortly be reviewed by the State Claims Agency. 

These include both personal injury and damage claims, and associated legal costs where applicable.

The range of values is as follows:

Claim RangeNo. of Claims
€0 - €100,000303
€100,000 - €200,0009
€200,000 - €300,0003
€300,000 - €400,0001
€400,000 +4

The Liquidator has advised me that he is not in a position to provide a similar breakdown in respect of the remaining outstanding claims until such time as they have been prepared for settlement.

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