Investors running out of time

A six-year limit on lawsuits can deny people access to the courts

Barry J Whyte

Chief Feature Writer @whytebarry
1st May, 2016

In the High Court last week, dozens of former investors in the AIB’s Celtic Tiger era series of investment funds – known as the Belfry funds – crowded into the cramped accommodations of the Hugh Kennedy courtroom.

The funds invested about a billion euro in British commercial property in a series of Celtic Tiger-era geared investment funds – that is, boosted by loans from the bank – having raised more than €300 million...

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