Tuesday 22 October 2019

Court adjourns injunction bid over couple moving into apartment

AN injunction application by a receiver against a couple who allegedly promised to give €350,000 from the sale of their family home to repay a bank debt has been adjourned until Thursday.

David Collins and his wife Cassandra have moved into one of five apartments they own at Hawthorn House, Old Grange Road, Maynooth, Co Kildare, after selling their house and now claim the apartment is their family home, the High Court has been told.

 

Receiver Paul McDowell of Knight Frank wants to sell the apartment building after he was appointed by Danske Bank, which has called in loans made to the couple and which says it was promised €350,000 from the €595,000 proceeds from the sale of the Collins former home, Ashfield House in Straffan, Co Kildare.   

 

The receiver claims the money from that sale has been diverted and the Collins are not entitled to claim one of the apartments in Hawthorn House is now their family home.

 

The receiver was last week given permission by the High Court, on a one-side only represented basis, to serve notice of its injunction application on the Collins and the matter was mentioned before Ms Justice Laffoy today.

 

The judge adjourned the case until Thursday when, the court heard, an application will be made for a hearing date for the injunction. 

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