Painter with brain injury after ladder fall will only get €825k of €3m settlement

Insurance firm involved has gone into liquidation

Vincent Barry will only have access to a maximum of €825,000 under the Insurance Compensation Fund, designed to facilitate payments to policyholders when an insurance company goes into liquidation. Picture: iStock

A painter who fell 16ft to the ground from a ladder and suffered a traumatic brain injury has settled his High Court action for €3m.

But 60-year old Vincent Barry will only see €825,000 of that award after the High Court was told today that the insurance company involved, which is based on mainland Europe, has gone into liquidation.