Receiver to seek injunction over seizure of hotel complex

A RECEIVER is to seek a High Court injunction to restrain a businessman from impeding him from taking possession of a hotel, pub and nightclub in Tallaght, Dublin.

Declan Taite, acting on behalf of Irish Nationwide Building Society, says Laurence O’Mahony, who along with another businessman allegedly owe €59 million to the Irish Nationwide, is preventing him from securing the property following his appointment as receiver last Friday.

Ms Justice Mary Laffoy yesterday gave permission to Rossa Fanning, counsel for Mr Taite and the Irish Nationwide Building Society, to serve notice on Mr O’Mahony of the injunction application and she made the matter returnable to next week.