Betty Martin Financial Services wins injunction against EBS

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

Betty Martin Financial Services Ltd secured a High Court injunction against EBS on 13 February 2019, preventing termination of its branch agency agreement. The agreement covered EBS branches in Athlone, Longford and Lucan.

The company alleged the agreement was terminated after it refused to engage in the misselling of financial products. EBS denied the allegations and opposed the application, but the judge found there was a serious issue to be tried and that damages would not provide an adequate remedy.

The injunction was to remain until the dispute was resolved, with the case adjourned for two weeks for final orders. The judgment did not determine whether misselling occurred.