Constitutional challenge to bankruptcy laws

A CONSTITUTIONAL challenge is to be brought against Ireland’s bankruptcy laws, the High Court has been informed.

The intention to bring the challenge was made in proceedings before Ms Justice Elizabeth Dunne against Darina Heavey of Woodbank, Saval Park Road, Dalkey, Co Dublin.

Irish Edible Oils Ltd are seeking to have Ms Heavey declared bankrupt arising out her failure to satisfy a judgment obtained against her and three other co-guarantors in March 2010 for approximately €1m.