Consultant who traded in Ferrari got nothing in return, court told
Published 17/09/2016 | 02:30
A medical consultant at Waterford Regional Hospital, who agreed to trade in his Ferrari California in part exchange for a McLaren MP4 sports car, never received his new vehicle, the High Court has heard.
Dr Edward O'Donnell has launched proceedings against a Dublin-registered car dealership and one of its directors over their failure to supply him with a 2012 McLaren MP4 12C which was to be part-funded by the sale of his Ferrari.
Dr O'Donnell, of The Fairways, Faithlegg, Co Waterford, a consultant obstetrician, asked the High Court for temporary freezing orders against Ocean Vehicle Trading Ltd, with a registered address at Sandyford Industrial Estate, Dublin 18, and its director Oisin Legaspi.
The court heard he first came into contact with Legaspi, who was then working for another company, in 2013 during the course of his purchasing the Ferrari.
He said he had been regularly contacted by Legaspi asking if he wanted to upgrade his Ferrari and in June last made an arrangement to trade in his Ferrari for the McLaren.
O'Donnell said he had been informed in a text message from Legaspi in August that the new car was on its way to Ireland.
The car was never delivered and he had become concerned following an exchange of texts and calls with Legaspi.
Despite having been assured the McLaren was en route, he eventually asked Legaspi for either the return of the Ferrari, delivery of the McLaren or his money back. Later, he discovered the Ferrari had been sold for €137,300, through a company that had been dissolved last March, but had been assured in an email in late August that the money would be refunded. He told the court that in spite of numerous assurances from Legaspi, no refund had materialised. He later discovered all cars for sale had been removed from the company's website.
Judge Barr adjourned the proceedings for a week.