Carroll lawyer warns on constitutional issues
Some lawyers are ‘shocked’ at provisions in the bill to establish Nama, writes Gavin Daly
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!
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