Courts / Ireland / Report

Solar power company gets injunction stopping wind-up petition

Summary

In a High Court hearing on 16 July 2019, Welink Investment Holdings Ireland Ltd obtained a temporary injunction preventing Sustainable Development Capital LLP from filing a petition to wind it up over a disputed €1.2 million debt. Welink, a solar‑power company with 87 employees, denied the debt and claimed it was fully solvent. The defendant had warned that it would seek liquidation if the debt was not paid. Welink's counsel argued that the dispute should have been resolved in UK courts and that the defendant had failed to provide undertakings not to pursue a winding‑up petition. The injunction, granted ex‑parte by Justice Leonie Reynolds, was made returnable later that week, and the judge encouraged the parties to consider mediation.

Who, what, where, when and why

What: Report matter: Solar power company gets injunction stopping wind-up petition. Procedural stage: hearing_or_decision

When:

• 2019-07-16 Publication

Places mentioned

Topics

Stage Hearing Or Decision

Read the original CNI report