High Court ruling on insolvency good news for debtors – The Irish Times

A High Court ruling is good news for a large number of debtors appealing findings that their applications for court approval of personal insolvency arrangements were made out of time.

Mr Justice Denis McDonalds ruling clarifies a provision of the Personal Insolvency Acts concerning court approval of a Personal Insolvency Arrangement (PIA).

He rejected arguments by a fund the Acts require that a debtor seeking court approval for a PIA must make, and serve, the proceedings within 14 days of a creditors meeting which had…

Read the full article at: https://www.irishtimes.com/news/crime-and-law/courts/high-court/high-court-ruling-on-insovency-good-news-for-debtors-1.3791051

Related Posts