Airscape Ltd lease dispute admitted to Commercial Court

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Airscape Ltd’s dispute with Instant Upright Ltd over an alleged factory-lease breach was admitted to the Commercial Court as urgent on 20 July 2020. The premises were at Friel Avenue, Park West Industrial Estate, on the Nangor Road in Dublin 12.

Airscape had obtained an order freezing Instant Upright’s assets below €3.6 million, while seeking damages for alleged rent arrears and future rental losses. Instant Upright disputes the claims, seeks removal of the order and has counterclaimed over alleged negligence linked to damage at the premises. The judge adjourned matters concerning continuation of the freezing order to later that week.