Sir Anthony O'Reilly faces AIB charge over Dromoland shares

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Sir Anthony O'Reilly faced a conditional charge over Dromoland Castle shares in the Commercial Court on 12 May 2015, as AIB pursued priority over other creditors. The order concerned 8,216 shares valued at €2.74 million and followed an application by AIB seeking to recover a €22.6 million judgment.

The court made the case returnable to the following week. AIB said it had concerns about a proposed composition with creditors under Bahamian law.

This report covers an earlier stage of the case. Later developments are not reported here.