Courts / Wexford / Report
Ivan Yates and wife sue over sale of lands to AIB
Summary
Mr Justice Brian McGovern admitted a claim by former minister Ivan Yates and his wife, Deirdre Yates, to the Commercial Court list. The couple alleges that the sale of lands at Blackstoops, Enniscorthy, Co Wexford, to AIB by bankruptcy trustees Mark Wilson and George Maloney is void. They contend the property includes their family home and that Deirdre Yates holds a beneficial interest, arguing the trustees breached EU insolvency regulations by failing to seek Irish court permission before disposal. AIB, which acquired the lands in 2015, opposes the claim, stating its ability to recover debts would be adversely affected. While AIB and the trustees supported admission to the fast-track list, counsel for the couple, Jerry Healy SC, opposed it, citing insufficient valuation evidence and resource constraints. The judge determined the threshold for admission was met. He suggested the parties consider mediation to resolve the dispute and adjourned the case for one month to allow for potential mediation. The matter was adjourned and not concluded.
Who, what, where, when and why
What: Report matter: Ivan Yates and wife sue over sale of lands to AIB. Procedural stage: hearing_or_decision
When:
- August 2012 Hearing Or Sentence
- 2018-01-29 Publication
Why: The couple claim the sale to the bank of certain lands at Blackstoops, Enniscorthy, Co Wexford to AIB is void because the lands include their family home. CNI source report
Case subjects
Applicant
Outcome: He adjourned the case for a month to see if it was possible for mediation to take place.
Places mentioned
- Wexford
- Enniscorthy
- Mr Yates's estate
- High Court
Topics
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