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Bristol And West Bond-Holders

EDM number 2511 in 2010-12, proposed by Lorely Burt on 05/12/2011.
Categorised under the topic of Financial services.

That this House notes that English investors who took out Bristol andWest permanent interest-bearing shares did so inthe belief that these shares wouldbe treated underEnglish law; regrets that the Irish government is considering applying for a court order from the courts in Irelandwhich would reduce payments for bond-holders in orderto increase the equity capital of the Bank of Ireland in which it holds 15 per cent. of the shares, when theBank of Ireland, is, according to the Irish Government Finance Minister,already well capitalised; and calls on the Irish Government, in the interests offairnessto bond-holders, not to favour the interests of shareholders over bond-holders.

This motion has been signed by a total of 10 MPs.

MPDateConstituencyPartyType
Lorely Burt05/12/2011SolihullLiberal DemocratProposed
Peter Bottomley05/12/2011Worthing WestConservativeSeconded
James Gray06/12/2011North WiltshireConservativeSeconded
John Leech06/12/2011Manchester, WithingtonLiberal DemocratSeconded
Mike Hancock06/12/2011Portsmouth SouthLiberal DemocratSeconded
Dan Rogerson12/12/2011North CornwallLiberal DemocratSeconded
Adrian Sanders13/12/2011TorbayLiberal DemocratSigned
Graeme Morrice13/12/2011LivingstonLabourSigned
Andrew George15/12/2011St IvesLiberal DemocratSigned
Paul Flynn20/12/2011Newport WestLabourSigned

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