Businessman's appeal over €30.5m debt dismissed

The Court of Appeal has dismissed a businessman's appeal over whether an investment fund was entitled to sue him over a €30.5m debt it bought from Irish Bank Resolution Corporation (IBRC).

Businessman's appeal over €30.5m debt dismissed

The Court of Appeal has dismissed a businessman's appeal over whether an investment fund was entitled to sue him over a €30.5m debt it bought from Irish Bank Resolution Corporation (IBRC), writes Ann O'Loughlin.

John Morrissey had claimed the alleged general illegal conduct of IBRC'spredecessor, Anglo Irish Bank, precluded the fund, LSREF III Stone Investments, from pursuing him for the property loans debt.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited