Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Irish High Court opts for res judicata over EU law to dismiss English traders' claims

By Declan Bush

05 April 2019

The Irish High Court has dismissed claims by two Forex traders facing bankruptcy against their Irish broker on res judicata grounds, because they had already been defeated in English courts - finding it unnecessary to bring in EU jurisdictional rules.

Irish High Court opts for res judicata over EU law to dismiss English traders' claims The Georges sought damages against their Forex trading broker. (Credit: iStock.com/monsitj)