Bank, company, and retired taxing master before court

A dispute is before the High Court involving AIB, a company, and a retired High Court taxing master over an alleged settlement of a demand by the bank for repayment of monies it claims are due and owing.

Mr Justice Paul Gilligan was told AIB plc brought proceedings in seeking judgment against Fortberry Ltd for €5m arising out of the firm’s alleged failure to satisfy a demand for repayment of monies AIB loaned it in 2008.

It is also seeking judgment against a director of the firm’s solicitor, James Flynn, for €2.5m on foot of a guarantee he allegedly entered into in respect of the loan facilities, said Rossa Fanning, for the bank.

Mr Flynn is a retired High Court taxing master, of Dowth, Co Meath, an independent court officer who assesses the legal costs of a party involved in a legal matter, said counsel.

The bank’s claim, which is fully defended by the company and Mr Flynn, was due to be heard by the High Court last November.

That action did not proceed after the parties engaged in discussions aimed at resolving the matter.

Counsel said it was the bank’s case the matter was not settled. The company and Mr Flynn say the matter did settle following the talks. Fortberry and Mr Flynn have brought proceedings against the bank seeking specific performance of the settlement agreement they claim was reached.

Mr Justice Gilligan said the action brought by the company and Mr Flynn should proceed by way of a preliminary issue on Wednesday.


Incarcerated in Auschwitz and other Nazi death camps Zuzana Ruzickova somehow survived and went on to create the complete recordings of her beloved Bach, writes James Lawless.Book review: Nazi horrors replaced by brutal Soviets for piano player

The Menu was delighted to make recent mention of a new UCC postgraduate diploma in Irish food culture and is equally pleased to announce availability of two new bursaries for same.The Menu: Food news with Joe McNamee

George Orwell’s classic novel foretold a lot, but the manner in which we’ve handed over our personal data to faceless corporatocracies is doubleplus-ungood, says Suzanne Harrington.How we sleepwalked into George Orwell’s nightmarish vision

Esther N McCarthy has her eye (and ear) on party speakers for your BBQ, spots a rug that’s out of this world, and revels in all that’s on offer for Heritage Week and Cork Craft Month.Your interiors wish list: Party speakers, Heritage Week and Cork Craft Month

More From The Irish Examiner