85 Deputy Brian O’Shea asked the Minister for Finance his views on the recent court action initiated by a bank (details supplied) to recover some €60 million owed to it; his views on whether further such legal actions are unlikely to be initiated by credit institutions in advance of the establishment of the National Asset Management Agency and that credit institutions should await the establishment of NAMA before initiating such legal actions; and if he will make a statement on the matter. [27968/09]

Summary

85 Deputy Brian O’Shea asked the Minister for Finance his views on the recent court action initiated by a bank (details supplied) to recover some €60 million owed to it; his views on whether further such legal actions are unlikely to be initiated by credit institutions in advance of the establishment of the National Asset Management Agency and that credit institutions should await the establishment of NAMA before initiating such legal actions; and if he will make a statement on the matter. [27968/09]

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• Banking Sector.

  xml · EN · 8 July 2009

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