The new IBRC Act, which was rushed through the Oireachtas last week, is to come under the microscope at the Commercial Court next month.
The act puts an immediate stay on all existing legal proceedings against the bank but lawyers for the family of former billionaire Sean Quinn want the stay lifted.
The new IBRC Act puts a statutory stay on an action by Sean Quinn's family challenging the legality of 2.3 billion euros of loans issued to their business empire by the former Anglo Irish Bank.
The Quinns want the stay overturned but Mr Justice Peter Kelly is not sure that's within the court's power.
Lawyers for the special liquidators appointed to IBRC last week are happy for the matter to be debated at a hearing on March 7th.
The judge said it would not be straightforward, it was going to have to be thrashed out fully and will have implications for other cases.
He also expressed dissatisfaction that as yet nobody can get a copy of the new IBRC Act, even though it's now law.
