Courts / Dublin / Report
Appeal court dismisses bid to halt AIB IPO
Summary
Mr Vincent O'Donoghue's attempt to stop the sale of government shares in AIB was dismissed by the Court of Appeal. He had sued AIB Plc, the Minister for Finance, the Government, Ireland and the Attorney General, seeking a declaration that the sale was contrary to the common good, Article 6 of the Constitution and unlawful. The High Court had earlier dismissed his action as frivolous, vexatious and lacking a legal impediment. He also failed to show any reason the State must retain its shareholding. His injunction request to halt any disposal of the State's shares was also rejected. The Court of Appeal, sitting with Justices Sean Ryan, Mary Finlay Geoghegan and Gerard Hogan, unanimously upheld the High Court's decisions, ruled the matter a political controversy and non‑justiciable, struck out his proceedings and ordered him to pay the State and AIB's legal costs.
Who, what, where, when and why
What: Report matter: Appeal court dismisses bid to halt AIB IPO. Procedural stage: appeal
When:
- 2017-06-14 Publication
Places mentioned
- Court of Appeal
- High Court
- Church Street
- Dublin
Topics
Related court reports
- Man charged with having 56k child abuse images and videos remanded on bail
- Ex-Dáil hopeful's allegations against former employer 'complete fantasy', WRC told
- Mater must pay €10k to worker who said he was wrongly accused of abusing patient
- 'I think we know I won't be getting bail' - Daniel Kinahan charged with directing criminal organisation
- Letting agent who claimed alleged domestic violence victim abandoned tenancy by fleeing to refuge must pay €14.7k
- 77-year-old with 470 convictions told Luas staff to 'f**k off'
If a fact, identity, locality or legal outcome needs review, email the newsroom with this report's details prefilled.
Email a correction request