Commercial Court: nowhere to run to, nowhere to hide
As a new hardline approach to indebted companies by the Commercial Court becomes increasingly obvious, the writing is on the wall for a large number of companies, write Pat Leahy and Ian Kehoe
It was conceived as a forum to fast track large business disputes. But as the recession creates battle lines between former business associates, the commercial division of the High Court is becoming a burial ground for Ireland’s former wealthy elite.
Recent decisions of the Commercial Court have spread alarm among individuals being chased by their creditors. With each new court ruling, it is becoming clear that many of those who enjoyed the fruits...
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