Ireland’s Supreme Court will decide tomorrow whether to hear the appeal against the High Court ruling denying court protection to 6 companies within Liam Carrolls Zoe group. Meanwhile, after that busy weekend for Irish bankers, the Irish Times reports that
THE POSSIBLE collapse of Liam Carrolls 2.3 billion property empire will not derail the establishment of the National Asset Management Agency (Nama), according to the Department of Finance.
However, banking sources said the opposite yesterday. They warn that any significant insolvency will jeopardise the valuation model on which Nama is based.