No defence raised to AIB's bid for summary judgment for sums of over €2.2m, court rules

The High Court has ruled that a company and businessman have failed to raise a defence to applications by AIB for summary judgment against them for sums of over €2.2m.

Mr Justice Michael Twomey found that Hirar Properties Limited and Mr John Philip Ryan, otherwise known as JP Ryan, had "no fair and reasonable probability of having a real or bona fide defence" to a bid by Allied Irish Bank Plc for summary judgment.