Injunction against receiver

Two Cork businessmen obtained an interlocutory injunction yesterday against a receiver from acting over their properties at an industrial estate in Churchfield.

The men, who argued they never missed a payment and there was no justification for calling in the loan, which now stands at just over €1.2m, had been granted an interim order in the case in March.

At the High Court in Dublin yesterday, Ms Justice Marie Baker granted an interlocutory injunction restraining the receiver appointed by Gulland Property Finance Ltd from acting as receiver over the assets of Michael and Anthony Harrington.