Aviation regulator spends €300k on legal fees
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The Commission for Aviation Regulation has revealed it spent €300,000 on legal fees last year in pursuit of two failed lawsuits.
The figure, a stark increase from €92,000 in 2015, was revealed in the commission’s annual report for 2016.
The report states: “In October 2016, the High Court gave judgment in legal proceedings between the Commission and AIB, holding the bank did not have to pay out on a bond it guaranteed in circumstances where it had already paid out on a later bond for the same travel agent.
“Arising from that judgment, the Commission discontinued proceedings that it had commenced in similar circumstances against a UK insurance company.”
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