Court overturns €36m bank judgment against Morrissey

THE Commercial Court has agreed to overturn a €36 million summary judgment order granted to Irish Bank Resolution Corporation (IBRC) last month, against businessman John Morrissey.

The bank’s case against Mr Morrissey will now go to a full hearing.

The summary judgment order automatically came into effect last month as a result of delays in the filing of Mr Morrissey’s defence to the bank’s claim.