Further challenge to IL&P recapitalisation

Another shareholder at Irish Life and Permanent has today come forward to challenge the Government's move to recapitalise the business.

Further challenge to IL&P recapitalisation
Mon, 08 Aug, 2011 - 13:19

Another shareholder at Irish Life and Permanent has today come forward to challenge the Government's move to recapitalise the business.

Piotr Skoczylas and his company Scotchstone Capital have been added to High Court proceedings against the Finance Minister following an order forcing IL&P to accept a €2.7bn cash injection from the State.

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