Trusted by the judiciary, government lawyers, prosecutors, and many leading counsel. Click here to request a subscription.
|
or click here to request site subscription to search and view all judgments |
High Court: (a) grants a well-charging order in respect of a number of properties owned by three brothers arising from a judgment mortgage exceeding €19 million, on the grounds that it had not been necessary to re-register the judgment mortgage every time a payment was made against the judgment debt, or for the mortgagee to provide valuation evidence concerning the security; (b) in respect of two of the properties, adjourns the application for an order for sale generally, and directs that the co-owner of each property be joined in the event of the proceedings being re-entered; and (c) in respect of a third property, grants an order for sale and other reliefs.
Three related actions by bank concerning properties - actions against three brothers - well-charging order - order for sale - order for possession - applications by spouses of defendants - claims concerning principal private residences of defendants - claim for €19 million - judgment mortgage registered - loan to purchase 80 acres of land - proposal to develop a data centre - compromise agreement - alleged obstruction and frustration of agreement by defendants - application for delivery of interrogatories - s.31 of the Land and Conveyancing Law Reform Act 2009 - whether fresh application should be made to register a judgment mortgage every time a payment was made against the judgment debt - whether valuation evidence required to be place before court by mortgagee.
Note: This is intended to be a fair and accurate report of a decision made public by a court of law. Any errors should be notified to the editor and will be dealt with accordingly.
The only subject matter index for all Irish judgments over the past thirteen years. Click here to request a subscription.
Register Now