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.

Captain Smoothy became the latest advertisement for the training skills of Sean Curran when he landed a 16-1 touch in the Happy Christmas Amateur Riders' Handicap Hurdle at Exeter.

Killenaule 2-12 Carrick Swans 0-14