Courts / Cork / Report
Judge expresses concern about foreign-owned funds citing fire safety issues in bid to vacate properties
Summary
In a High Court hearing on 30 June 2017, Mr Justice Paul Gilligan expressed concern about a trend he observed where foreign‑owned funds or their receivers seek to evict occupants on the basis of fire safety. He referred to the case of Targeted Investment Opportunities ICAV (TIO) against a young couple, Sean O'Nuanain and Melanie Mook, who occupy 85‑86 Barrack Street, Cork. TIO, which claims to have purchased the property in December 2014 and registered full ownership in March 2015, seeks an injunction to prevent the couple from staying on the premises, citing an engineer's report that identified fire safety and structural issues. The couple, who are expecting their first child, argue they have a written agreement allowing them to remain, have lived and operated a business there for years, and have made repairs and investments in the property. They fear eviction would leave them homeless.
Who, what, where, when and why
What: Report matter: Judge expresses concern about foreign-owned funds citing fire safety issues in bid to vacate properties. Procedural stage: hearing_or_decision
When:
- December 2014 Other
- March 2015 Other
- 2017-06-30 Publication
Why: " The judge, in order to allow the couple formally reply to the fund's application for an injunction, adjourned the matter for two weeks. CNI source report
Case subjects
Applicant
Outcome: The say that if evicted the couple say they are at risk of "immediate homelessness." The judge, in order to allow the couple formally reply to the fund's application for an injunction, adjourned the matter for two weeks.
Applicant
Outcome: The say that if evicted the couple say they are at risk of "immediate homelessness." The judge, in order to allow the couple formally reply to the fund's application for an injunction, adjourned the matter for two weeks.
Applicant
Outcome: The say that if evicted the couple say they are at risk of "immediate homelessness." The judge, in order to allow the couple formally reply to the fund's application for an injunction, adjourned the matter for two weeks.
Places mentioned
Topics
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