Shareholders can bring an appeal over proper application of emergency powers, judge

Four shareholders who lost their High Court challenge to the State’s recapitalisation of Irish Life & Permanent under emergency law are entitled to bring an appeal concerning how the courts should consider powers that may be provided for under future emergency legislation, a judge has ruled.

By Ann O’Loughlin

Four shareholders who lost their High Court challenge to the State’s recapitalisation of Irish Life & Permanent under emergency law are entitled to bring an appeal concerning how the courts should consider powers that may be provided for under future emergency legislation, a judge has ruled.