Jim Reynolds seeks to halt property sales

Retired businessman Jim Reynolds has launched High Court proceedings aimed at preventing a financial funds and its receivers from selling, marketing and advertising for sale three properties he owns.

The properties are two terraced houses at Elgin Road in Ballsbridge, Dublin 4, and The Annaly Hotel, Main St, Longford.

Mr Reynolds, of Golflinks Road, Longford, is the brother of former taoiseach the late Albert Reynolds.