Late challenge puts firms and 219 jobs ‘in peril’

A last-minute challenge to court approval for a survival scheme for key companies in construction giant SIAC has placed the companies and the jobs of 219 employees “in peril”, the Supreme Court was told yesterday.

Approval of the scheme is “a matter of commercial life and death”, counsel for SIAC said.

Chief Justice Susan Denham agreed to hold a priority hearing next week of the appeal by the Polish Roads Authority, owed €70m by SIAC companies, against the High Court’s approval of the scheme.