Written Answers - National Asset Management Agency Tuesday, 14 February 2012

Dáil Éireann Debate Vol. 755 No. 2 Page of 528

  179.  Deputy Terence Flanagan      asked the Minister for Finance      if he will provide a full breakdown of the firms paid professional fees such as accountants, solicitors and other advisors of the National Asset Management Agency since the date of NAMA’s inception; and if he will make a statement on the matter. [8321/12]

Minister for Finance (Deputy Michael Noonan):    NAMA informs me that it cannot provide all the details requested by the Deputy in the time available. NAMA has undertaken to provide me with this information before the end of the week and, accordingly, I will issue a reply to the Deputy at that stage. In the meantime, I can provide the Deputy with certain information on legal fees. These details are set out as follows.

NAMA advise that the details are on a cash paid basis as opposed to the accrual accounting basis that must be used in the Agency’s annual financial statements. It should also be noted that the figures for 2012 are those incurred up to 6 February only.

2011
1	Hogan Lovells International LLP	1,482,460.33
2	Maples and Calder	1,436,958.03
3	Arthur Cox	1,161,824.36
4	Matheson Ormsby Prentice	1,147,062.53
5	McCann Fitzgerald	1,030,955.02
6	Allen and Overy LLP	1,012,815.95
7	A&L Goodbody Solicitors	858,613.10
8	William Fry Solicitors	851,490.29
9	Beauchamps Solicitors	809,880.15
10	Byrne Wallace	787,574.42

2010
1	Arthur Cox	1,896,827.73
2	Allen and Overy LLP	1,424,973.95
3	Hogan Lovells International LLP	1,279,406.10
4	Dillon Eustace	708,632.76
5	Byrne Wallace	604,796.50
6	Maples and Calder	552,627.58
7	William Fry Solicitors	441,179.33
8	Eversheds O’Donnell Sweeney	424,198.20
9	Matheson Ormsby Prentice	407,353.51
10	LK Shields Solicitors	376,848.75

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Last Updated: 08/03/2013 16:01:14

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