Courts / Dublin / Report

Receiver seeks possession of couple's luxury penthouse

Date
2017-11-27
Stage
Hearing Or Decision
Primary locality
Dublin
County
Dublin

Summary

In a fast‑track commercial court hearing, a receiver appointed by Pentire Property Finance, Mr Ken Tyrrell, sought to secure vacant possession of a luxury penthouse at 28 and 29 Howth Lodge, Howth, Dublin 13. The property had been pledged as security for loans that Mr Paul Carroll obtained from the Bank of Scotland in 2004 and 2005, loans later acquired by Pentire. Mr Tyrrell claims the debt owed to the fund is €1.4 million and that the apartment, originally two separate units, has since been combined into one. Mr Carroll, who represented himself, opposed the case's admission, arguing the valuation of the properties at over €1 million was excessive, presenting a valuation of €750,000, and disputing the debt amount. He also contended the property had become his and his wife's family home and challenged the receiver's appointment.

Who, what, where, when and why

What: Report matter: Receiver seeks possession of couple's luxury penthouse. Procedural stage: hearing_or_decision

When:

Places mentioned

Secondary Mention

Topics

Stage Hearing Or Decision

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