Firm ‘has interest’ in property
Barrister Eoghan Cole, counsel for Aroana receiver Declan Taite and Scottish Friendly Assurance Society Limited, was granted a declaration that Aroana was entitled to the beneficial interest in the premises which, he said, was now on sale to a third party for €3m.
Mr Cole said that, for whatever reason unknown to the receiver and which had only recently come to light, no deed of conveyance had been executed between the parties. A mortgage had been taken out with the former Anglo Irish Bank.
