High Court admits proceedings to have trustees appointed to the Commercial list on the basis that the proceedings are commercial and the applicant is anxious to have the proceedings determined as expeditiously as possible in order to ensure the title of the property is good and marketable; and the court directs that in the circumstances of these proceedings, and despite the measures put in place due to Covid 19, it is possible to have a physical hearing subject to compliance with directions in relation to social distancing.
Commercial court – application to enter the Commercial list – papers only application due to Covid 19 – special summons seeking the appointment of trustees – State not participating in the proceedings – proceedings are “commercial” - appropriate for entry in the Commercial List - property in question was inadvertently omitted from a transfer of property by the liquidator of its former owner to the first applicant prior to the winding up of the former owner as part of an earlier reorganization – anxious to have the proceedings determined as expeditiously as possible - any interested purchaser will, as part of its due diligence, raise queries in relation to the title of the second applicant to the property from which it conducts its operations and that it is, therefore, very important that the title to the property is perfected so that good and marketable title in respect of the property can be transferred to any prospective purchaser - initial directions hearing – availability of remote hearings - possible to accommodate a physical hearing of the substantive application – distancing requirements - no order for costs on the entry application –