News & Insights
UK Supreme Court Narrows Bank Liability in Fraud Cases – Implications for Irish Financial Institutions
The UK Supreme Court has delivered a significant judgment narrowing the scope of the so-called Quincecare duty, a legal doctrine that has been at the centre of banking liability in cases involving fraud. This development, while emerging from a UK context, carries important considerations for Irish banks and financial professionals. In its ruling, the Court clarified that […]
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No inconsistency in loan interest terms in repossession case
The High Court ruling on loan terms and interest after borrower’s death. Find out more about the case involving a reverse mortgage in Sligo.
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Is Your Bank Hiding Something? New Bill Allows Public Hearings for Consumer Complaints Against Financial Institutions
New legislation empowers the Financial Services and Pensions Ombudsman (FSPO) to hold public hearings for complaints against banks and pension providers. This groundbreaking change aims to ensure consumer protections and maintain transparency in the financial sector.
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NI High Court: Personal injury settlement does not form part of bankruptcy estate
Northern Ireland’s High Court has determined that a personal injury settlement which a man received two years before his bankruptcy did not form part of the bankruptcy estate.
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Four executives at Custom House Capital due in court over conspiracy to defraud investors
Four senior executives of Custom House Capital have been directed to appear before Dublin Circuit Criminal Court next week in relation to a conspiracy to defraud investors in the firm over a decade ago. Between last October and January, the company’s former CEO Harry Cassidy (67) and three other executives entered pleas of guilty to […]
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Jury fails to reach agreement in Michael Lynn’s multimillion-euro theft case
Judge discharges panel and remands former solicitor on continuing bail until June 20th
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Former property developer has €19m debt written off by High Court in return for payment of just over €9,000
A former property developer has had more than €19m in debt written off by the High Court under a personal insolvency arrangement (PIA).
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Publican Jay Bourke seeking €12.5m debt write-off
Well-known Dublin publican and restaurateur Jay Bourke wants a court to approve a personal insolvency arrangement writing off around €12.5m in debt and allowing him to retain his family home.
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High Court approves €1.38m debt write-off
The High Court has approved a personal insolvency scheme that will allow a debt write-off for a 52-year-old man of approximately €1.38m in debt owed to a financial fund. Under the terms of the the Personal Insolvency Arrangement (PIA) Alan Jenkins, who had debts of approximately €2.5m, will see that sum reduced to zero after […]
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