F
Fin Crusader.Presumably because their legal opinion is that the judgement was wrong.
Brendan
The FSO has very little choice in the matter.
The ruling leaves the FSO in a very difficult position. The mortgages were variable rate mortgages not trackers. It would be fairly impossible for the FSO to rule on other cases. He is absolutely right to get the Appeals Court guidance. If the Appeals Court backs up the High Court, then the FSO will be in a much clearer position on other cases.
Brendan
I read that the case was sent back to return with a decision not unlike the judges finding or something to that effect which would result in the appeal.
To Barneyg,
Yes, I believe the decision will probably be upheld, but why is the FSO wasting taxpayers funds in appealing this decision. It will cost the taxpayer many 100,000 of euro. Judge Gerard Hogan has actually been recently promoted to the Appeals court. There are 11 Judges in total in this court, of course he will be disbarred from hearing his own appeal.
In relation to Padkiss views, the decision of the High court only has a bearing on Danske banks , variable home loan rate. The Judge did not rule on SVR's in general terms.
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