Man fails to prevent receiver from selling his land in Cork

The issue arises from an unpaid €70,000 loan
Man fails to prevent receiver from selling his land in Cork

In a judgment published this week, Ms Justice Siobhán Stack said she was satisfied, on the documents before her, that Mr Foley had failed to make out a fair issue to be tried such as would entitle him to the injunction sought. File photo

A man has failed to get a High Court order preventing a receiver selling his nine-acre agricultural landholding in Co. Cork arising from an unpaid €70,000 loan advanced to a company.

Maurice Foley had sought the injunction concerning his lands at Ballynoran, Charleville, pending the determination of his action against Promontoria (Oyster) Designated Activity Company – PODAC - and the receiver.

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