Carroll lawyer warns on constitutional issues

Some lawyers are ‘shocked’ at provisions in the bill to establish Nama, writes Gavin Daly

29th August, 2009

The head of a law firm that acts for several large developers has warned that the proposed legislation for the National Asset Management Agency (Nama) may be unconstitutional.

Alan Murphy, managing partner of Eversheds O’Donnell Sweeney, said that the Nama bill ‘‘seeks to circumvent a lot of established legal principles’’ and would give the body considerable powers.

‘‘There are certain aspects of it that you’d wonder about their constitutionality....

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say