An unprecedented application to come before the Commercial Court today has cast doubt about plans by Eircom’s examiner to finalise a survival scheme with creditors on Friday for companies employing 5,800 people.

The future of Eircom is set to be finalised next week, with creditors owed €3.75bn set to vote on debt restructuring proposals which are set to hand control of the company to its senior lenders rather than a trade buyer.