Citizen has no legal standing to take promissory note case, court rules

The High Court has today ruled that businessman David Hall does not have the legal standing to challenge the State's use of promissory notes to bail out Anglo Irish Bank and other financial institutions.

High Court President Nicholas Kearns said that the case should have been brought and may still be brought by a member of the Dáil.

Mr Hall took this case as a businessman and a taxpayer in a bid to stop the State paying promissory notes amounting to €31bn to IBRC and EBS.

He argued that the Minister for Finance adopted inappropriate procedures in issuing the notes without first having a Dáil vote on the matter.

However, Mr Kearns has ruled that he was not the man to take this challenge as he does not have the legal standing and as a taxpayer he has not been prejudiced any more than anyone else.

He has found the action should have been and could still be brought by a member of the Dáil.

Three TDs, Independents Shane Ross and Stephen Donnelly, and People Before Profit's Joan Collins, who attended a hearing to let the court know they were supporting David Hall may now launch a case, if Mr Hall decides not to appeal.


Email Updates

Receive our lunchtime briefing straight to your inbox

Related Articles

More in this Section

One in 10 taxi drivers not registered with safety app

PICS: Storm devastation in Donegal prompts call for humanitarian funding

NSAI issues guidelines to help charities fighting food poverty

Skin cancer rates at record high in Ireland


Today's Stories

An inconvenient truth: Warning of more extreme weather as climate change effects hit home

Minister urges transparency on RTÉ stars’ pay

Labour would back Michael D Higgins in Áras run

Bin charge hikes unlikely this year

Lifestyle

GameTech: Uncharted territory looks very familiar

Detroit's racist themes are sadly relevant to this day

#Hashtag10: Important Irish hashtags of the last 10 years

Friendship is taken as read when you're part of a book club

More From The Irish Examiner