A warrant has been issued for the arrest of developer Tom McFeely as a result of his failure to pay a debt in excess of €24,000 to a recruitment firm.

ALMOST €16 million worth of property was sold at yesterday’s distressed properties auction at the Shelbourne Hotel in Dublin.

THE Commercial Court is being “littered” with claims for specific performance of contracts, including many contracts for the sale of lands for development, a judge said yesterday.