Michael McGrath (Cork South Central, Fianna Fail)
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95. To ask the Minister for Finance the amount of fees paid to barristers, senior and junior counsel by IBRC since the appointment of the special liquidators; the name and amount paid to each recipient; the estimated total professional fees arising from the special liquidation; and if he will make a statement on the matter. [53754/17]

Paschal Donohoe (Dublin Central, Fine Gael)
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A summary of the Special Liquidation fees, including legal fees to 31 December 2016 is available in the most recent progress update report which is available on the Department of Finance website

The Special Liquidators do not believe that it would be appropriate to provide the requested details regarding all Counsel engagements by IBRC since their appointment, particularly given the legally privileged, commercially sensitive and highly confidential nature of those engagements.

The Special Liquidators have informed me that an updated summary of the Special Liquidation fees, including legal fees to 31 December 2017 will be contained in the next progress update report which will be published in H1 2018.

I am further advised by the Special Liquidators that it is not possible for them at this time to confirm or estimate the final fees of the liquidation as there remains a number of tasks in the liquidation to be completed including the on-going management of c.175 legal cases, the completion of the creditor adjudication process, the management of the remaining loan book and the realisation of all remaining assets.