IBRC’s High Court lawsuit a clerical error

It could have been as big as Muhammad Ali versus George Foreman, a proper rumble in the Irish accounting jungle. Alas, the fight of the year is off, and apparently it was never on in the first place.

IBRC, whose special liquidator and overlord is the uber accountant Kieran Wallace of KPMG, this week filed a High Court lawsuit against somebody named Michael McAteer.

Surely Wallace wasn’t having a blue with Michael McAteer of Grant Thornton, the Quinn Insurance administrator and the only accountant in the country who could rival Wallace for high profile insolvency appointments?

I’m told it was a clerical error and somebody mangled the name on the writ. Michael McAteer is an innocent man, and the case has nothing to do with him. I would have paid good money to see that scrap.