Grain farmer fails to have injunction lifted

A farmer has failed in a High Court bid to have a mareva injunction lifted against his 900-acre grain harvest and other assets.

The freezing order had been obtained by Co Wicklow seed supplier, Quinns of Baltinglass Ltd, against Co Laois farmer Jim Smith and his firm Nujmij Ltd.

The court had been told Mr Smith’s farming activities had net book assets of €2.9m and he made a profit of €122,740 last year.