An action involving a dispute over a May 2012 lease for the former POD nightclub premises in Dublin is to be fast-tracked by the Commercial Court.

Nightclub operator John Reynolds, who is the nephew of the former taoiseach, Albert Reynolds, has been forced to hand over almost €500,000 as part of an investigation into tax defaulters.

Impresario John Reynolds’ nightclub business has been forced to hand over almost half a million euro as part of an investigation into tax defaulters.