Bar owner sues banks for trespass

Following the overturning of a receiver at Foley’s Bar, the holding company and owners are to sue a range of financial firms and individuals for trespass, negligence, and breach of contract.

Sean Foley, the owner of Foley’s Bar, Merrion Row, Dublin, issued a summons to a range of companies and individuals, including Bank of Scotland, Certus, CBRE, BDO, Permanent TSB, and a number of individuals.

In total, the summons includes 12 counts of trespass and wrongful interference with property and one count of breach of contract.

Mr Foley said part of the reason for taking the case was to show other small business owners that they are not completely powerless in the face of the banks.

“Justice Gilligan overturned the receiver so now we are suing for trespass,” said Mr Foley. “I’m hoping others will see what I’ve done and think if they have lost their business due to a receiver being appointed illegally that there is redress.”

The overturning of the receivership has set a precedent that could see up to 100 Bank of Scotland receiverships overturned, as they may have been secured under the incorrect seal.

© Irish Examiner Ltd. All rights reserved

More in this Section

10,000 An Post staff set for 2.5% pay hike

BHS and Clerys highlight the urgency for labour law reform

Warren Buffett advises 40,000 people of stock picks at 'Woodstock for Capitalists'

Analysis: Irish firms could do with a little bit more help with tax


You might also like

Breaking Stories

Lawsuit accuses Starbucks of filling cups with too much ice

Australian academic claims to be Bitcoin inventor in order stop 'misinformation'

The true story of how we all came to use Pin technology with our bank cards

Lifestyle

Autism assistance dog is a real pal

A fresh approach to mental health

European design is flourishing in Aoife Hayes’ store in Newcastle West

Landscape gardener and designer, Olive Ryan, gives a masterclass on how to give your garden the ultimate makeover

More From The Irish Examiner