Betty Martin Financial Services Ltd seeks EBS injunction

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

Betty Martin Financial Services Ltd sought an injunction in the High Court to prevent EBS terminating its agency agreement. The agreement covered EBS branches in Athlone, Longford and Lucan. The proceedings were reported on 8 February 2019.

After a three-day hearing, Mr Justice John Jordan said he would give his decision the following week. Betty Martin Financial Services Ltd claimed the termination followed its refusal to engage in alleged mis-selling. EBS denied the claims and opposed the application.

EBS said the complaints of alleged mis-selling were made only after it decided in 2017 to terminate the agreement. It also said the allegations had been investigated and no evidence was found to support them.