A total of 290 property repossession cases came before the Cork County Registrar at the courthouse on Washington Street in the past month.

Accountant Alan Hynes is being pursued for more than €7.6m judgment orders at the Commercial Court.

A couple who borrowed €1.4m to refinance property investments have lost their High Court action alleging their lender had not validly appointed a receiver over their assets when they went into arrears.

A dispute arising over Bank of Scotland plc’s sale to a hedge fund loans of €67m owed to it by a shipping firm here employing more than 300 people has been settled.

Up to 100 receiverships initiated by Bank of Scotland Ireland could be struck down by the courts following a High Court ruling.

BOTH the Parknasilla Hotel and the Cork International Airport Hotel have overseas buyers, the first in legals, the second sold to Phillips Hotels Ltd for approximately €5m. So Savills’ successful run of sales shows it’s not just the Dublin hotel market (where the 500 bed Burlington’s selling for €70 m to the private equity group Blackstone) that’s attracting investors.

A bank yesterday appointed receivers to one of the country’s largest shopping centres, built by a prominent Cork family involved in property development for almost half a century.

The Douglas Court Shopping Centre in Cork has gone into receivership.

A HIGH Court judge has cleared the way for Bank of Scotland Ireland to cease operating here and, pending approval by the Scottish courts, to be absorbed into Bank of Scotland plc.

Bank of Scotland (Ireland) is to shut down, it confirmed today.