A sick and hospitalised Liam Carroll and the fellow directors of the Zoe group were granted leave of the High Court tonight to present a new petition seeking the appointment of an examiner to the troubled property group.

A number of Ireland's leading banks are expected to begin steps to recoup more than €1bn from property developer Liam Carroll today following a ruling by the Supreme Court last night.

The Supreme Court has dismissed an appeal to have an examiner appointed to several companies in the Liam Carroll-controlled Zoe building group.

The Supreme Court will rule later this evening on property developer Liam Carroll's appeal of last month's High Court decision not to appoint an examiner to several companies in his Zoe building group.

The Supreme Court has granted a stay to several companies in the Liam Caroll controlled Zoe building group pending an appeal next week of the High Court's refusal to appoint an examiner to them.

A JUDGE yesterday described as “lacking in reality” a survival scheme put forward by companies in Liam Carroll’s Zoe building group as he refused to grant the companies court protection. The continuing battle over the companies’ debts of €1.2 billion is heading for the Supreme Court next week.

IRISH Nationwide Building Society has secured a €78 million summary judgment order against Aifca, a company controlled by property developer Liam Carroll, over unpaid loans.