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Thread: Supreme Court grants stay on liquidation of Zoe pending appeals

  1. 23rd September 2009, 09:37 AM #1
    DCon
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    Supreme Court grants stay on liquidation of Zoe pending appeals

    A STAY on the liquidation of Liam Carroll’s heavily insolvent Zoe development group has been granted for at least 10 days as the first of what could be a series of appeals will be heard by the Supreme Court on October 2nd.

    The court yesterday agreed to hear an appeal by Dutch-owned ACCBank against a High Court ruling last month permitting the Zoe group to make an unprecedented second application to appoint an examiner after a first application was rejected by both the High Court and the Supreme Court.

    Chief Justice John Murray, sitting with Mrs Justice Susan Denham and Mr Justice Nial Fennelly, granted a stay on the winding up of two companies at the top of the group, Vantive Holdings and Morston Investments.
    Rossa Fanning, for ACC, said the bank would argue that the group’s second examinership bid was an abuse of process given that the case had already been considered and rejected by the courts.
    Supreme Court grants stay on liquidation of Zoe pending appeals - The Irish Times - Wed, Sep 23, 2009
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  3. 23rd September 2009, 09:39 AM #2
    Cassandra Syndrome
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    Just keep delaying it for NAMA. Politically funded and motivated.
    "No one rules if no one obeys" - Tao
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  4. 23rd September 2009, 09:42 AM #3
    Silvio Dante
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    I fear this shows the Judiciary are not as independent as they'd like us to think...
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  5. 23rd September 2009, 09:43 AM #4
    Digout
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    Scam.
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  6. 23rd September 2009, 09:49 AM #5
    DCon
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    Quote Originally Posted by Silvio Dante View Post
    I fear this shows the Judiciary are not as independent as they'd like us to think...
    I was thinking the same thing.
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  7. 23rd September 2009, 09:51 AM #6
    Digout
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    Why such a long delay?
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  8. 23rd September 2009, 09:52 AM #7
    Digout
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    Quote Originally Posted by Silvio Dante View Post
    I fear this shows the Judiciary are not as independent as they'd like us to think...
    certainly seems that way.
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  9. 23rd September 2009, 09:53 AM #8
    constitutionus
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    amazing how low profile this has become now eh?

    not a word about it on the radio talk shows which are all now ,bizarrely, focusing on the ploughing championships.

    the only thing coming close ive heard is that the "buy property in bulgaria" stand there is gone.

    lads looking after each other again.
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  10. 23rd September 2009, 09:57 AM #9
    Oldira1
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    Quote Originally Posted by Silvio Dante View Post
    I fear this shows the Judiciary are not as independent as they'd like us to think...
    Ah well.......Duh!

    Who appoints them?.....Case closed My Lud.
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  11. 23rd September 2009, 09:59 AM #10
    Pauli
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    How long more are they going to keep electro-pumping this corpse?
    Fianna Fail - The Loss of Sovereignty Party.
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