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Landlord for publishers Gill secures injunction against fund
Summary
Michael Gill and his family, who own the publishing company Gill, secured a temporary High Court injunction against Gulland Property Finance Ltd. The injunction stops Gulland from taking enforcement action or appointing a receiver over a building in Park West, Gallanstown, Co Dublin, which is worth about €4 million and was used as security for a loan. Gulland had demanded €3.3 million from the partnership, claiming the loan had expired. The partnership argues the loan was originally due in 2005, was extended to 2020, and they have been paying interest and annual capital repayments of €137,000. The injunction was granted ex‑parte by Mr Justice Paul Gilligan and is returnable later that week. The case involves the partnership's status as both landlord and beneficiary of the publishing company.
Who, what, where, when and why
What: Report matter: Landlord for publishers Gill secures injunction against fund. Procedural stage: hearing_or_decision
When:
- February 2015 Other
- 2016-02-17 Publication
Places mentioned
- High Court
Topics
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