Monday, 10 October 2011

Commercial Court is back in Session

The Commercial Court is back and the flying circus is in full swing.

Jim Mansfield faces a two week stay once judgment is given, then judgment interest of 8% will start kicking in on the €280 million. This is in an environment of a collapsed property market, total insolvency of the Irish banking system and the IMF running our affairs.

Nama and BoSI need to be told by the judiciary and the government that they are making a mockery of themselves and the State.

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