Supreme Court rebuffs legal challenge by ILP shareholders
The affected stakeholders applied for a leapfrog appeal directly from the High Court, having lost proceedings last July against the Minister for Finance over the €4 billion state injection of funds to Permanent TSB from July 2011
The Supreme Court has refused to hear an urgent challenge brought by a group of shareholders against the state’s recapitalisation of Irish Life & Permanent during the financial crisis.
The affected stakeholders applied for a leapfrog appeal directly from the High Court, having lost proceedings last July against the Minister for Finance over the €4 billion state injection of funds to Permanent TSB from July 2011, a move which effectively wiped out the...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Vincent Boland: In the age of passive investing, there is a place for aggressive activism
It has been a watershed year for activist investors as some of the world’s largest corporations such as Exxon, Shell and Danone found their boards under siege. And the activists now have secretive world of commodity trading in their sights
Elaine Byrne: The only difference between a drugs victim and a ‘junkie’ is their address
For as long as we empathise only with middle-class addicts, we will fail to tackle crises like the ‘tsunami’ of crack cocaine in the less leafy green suburbs
Ian Guider: Serial objectors don’t help in trying to solve the housing crisis
There’s a whiff of Nimbyism in the air, with numerous building projects being legally challenged on various – and often questionable – grounds. Has it become too easy to do so?