BUSINESSMAN Philip Lynch and his family are to appeal to the Supreme Court against a finding they must repay €26 million to AIB arising from an unpaid loan made to them and developer Gerry Conlon to buy development lands in Waterford.

EMAILS sent by solicitors with the LK Shields law firm to the family of businessman Philip Lynch just hours before they signed up to a €25 million loan to buy development lands with developer Gerry Conlan stated Allied Irish Bank only wanted recourse to the land, not the family, the Commercial Court has heard.