Dispute between landlord and receiver admitted to fast-track list

A dispute between a financial fund and a court-appointed receiver against the owners of residential properties across multiple counties has been admitted to the fast-track Commercial Court list at the High Court. Seaconview DAC and receiver Anne O'Dwyer have brought proceedings against Chevas Securities Ltd and James and Conor Fagan concerning 28 apartments at Royston Village, Kimmage, and additional properties in Sligo, Dundalk and Galway. Ms O'Dwyer, appointed receiver in December, seeks injunctions to prevent the defendants from interfering with the receivership or accessing the properties. The fund claims it is owed €9.2 million in respect of loans originally advanced by Ulster Bank between 2002 and 2007, which the fund acquired in 2015. Ms O'Dwyer claims she has been obstructed in collecting rental income from the properties. Mr Justice Brian McGovern approved admission to the fast-track list. The defendants' solicitor opposed the application, indicating ongoing negotiations. The matter is scheduled to return to court later in April.