Courts / Cork / Report

Judge expresses concern about foreign-owned funds citing fire safety issues in bid to vacate properties

Date
2017-06-30
Stage
Hearing Or Decision
Primary locality
Cork
County
Cork

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:

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

Melanie Mook

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.

Sean O'Nuanain

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.

Targeted Investment Opportunities Icav

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

Court Venue
  • High Court
Address Area
  • Barrack Street
Secondary Mention
Residence
  • Barrack Street

Topics

Stage Hearing Or Decision

Related court reports

Read the original CNI report

Correction or retraction request

If a fact, identity, locality or legal outcome needs review, email the newsroom with this report's details prefilled.

Email a correction request