€1.7m summary judgement application against former AIB and Central Bank director adjourned until tomorrow

A summary judgment application for €1.7m against former AIB and Central Bank director Bernard Somers in relation to a loan secured on various assets, including his home in Foxrock, Dublin, "hopefully will not trouble" the Commercial Court, a judge was told today.

Launceston Property Finance DAC issued a demand on October 4 last for repayment, within two days, of some €1.76m allegedly outstanding on a €3.62m loan. The fund says it was not paid.