483 Deputy Gerry Adams asked the Minister for Justice and Equality if he will consider introducing legislation to reduce receivership and liquidation professional fees; his views that adequate incentive structures are in place for receivers and liquidators expeditiously to achieve liquidity for a maximum number of creditors and thereby reduce the cost of professional fees; if he agrees the lack of fee regulation for receivers and liquidators is unjustly enriching professional firms to the detriment of unsecured creditors and other creditors further down the preferential chain; and if he will make a statement on the matter. [7696/12]

Summary

483 Deputy Gerry Adams asked the Minister for Justice and Equality if he will consider introducing legislation to reduce receivership and liquidation professional fees; his views that adequate incentive structures are in place for receivers and liquidators expeditiously to achieve liquidity for a maximum number of creditors and thereby reduce the cost of professional fees; if he agrees the lack of fee regulation for receivers and liquidators is unjustly enriching professional firms to the detriment of unsecured creditors and other creditors further down the preferential chain; and if he will make a statement on the matter. [7696/12]

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• Professional Fees

  xml · EN · 14 February 2012

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