Supreme Court urged to end 2012 civil case against Michael Fingleton

The Supreme Court has been urged to bring “to an end now” a 2012 civil claim against former Irish Nationwide Building Society chief executive Michael Fingleton alleging he negligently mismanaged the failed lender.

Mr Fingleton’s lawyers submitted to a five-judge Supreme Court on Thursday that there was a “clear” unfairness in the case proceeding this far removed from the alleged events against someone who has lost the ability to defend himself.

The case concerns the business judgement exercised by Mr Fingleton when decisions were made to give out five key loans under scrutiny in the case, he said. The liquidators’ lawyers submitted that there is a “high value” in allowing plaintiffs to bring their cases to hearing.

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