Courts / Dublin / Report

Businessman seeks to bring bid to halt AIB IPO to Supreme Court

Summary

Vincent O'Donoghue, a businessman, has formally applied to the Supreme Court to appeal the Court of Appeal's dismissal of his action against the sale of government shares in AIB bank. He argues that the proposed sale is contrary to the common good, violates Article 6 of the Constitution, and is unlawful, claiming the judiciary must intervene to prevent the government from acting unlawfully. The High Court had dismissed his action as frivolous, vexatious and bound to fail, and had also denied his injunction to stop the sale pending the outcome of his case. The Court of Appeal upheld the High Court's decision. O'Donoghue contends the Appeal Court erred by labeling his action a non‑justiciable political controversy. The Supreme Court will issue a written decision on whether to allow his appeal.

Who, what, where, when and why

What: Report matter: Businessman seeks to bring bid to halt AIB IPO to Supreme Court. Procedural stage: appeal

When:

• 2017-06-20 Publication

Places mentioned

Topics

Stage Appeal

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Read the original CNI report