Legal
Supreme Court to hear case of farmer’s €1.1m debt deal
Appeal will mark the first time that a personal insolvency case has been given leave to appeal to the Supreme Court
The Supreme Court has agreed to hear an appeal against the personal insolvency arrangement of a farmer who was allowed to keep €1.8 million of land as part of a debt restructuring plan.
Promontoria (Oyster) DAC secured leave to appeal against the personal insolvency arrangement (PIA) of Fergus O’Connor after arguing that a High Court decision which allowed him to keep his farming assets, including land and sheep, will have a significant impact on the ...