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),
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.