Courts / Dublin / Report

Publisher resolves action allowing him to remain in family home

Date
2019-07-19

Stage
Hearing Or Decision

Primary locality
Dublin

County
Dublin

Summary

In a High Court case, publisher Trevor White resolved a dispute with Feniton Property Finance DAC, a financial fund that had sought to recover €3.9 million from White's parents and related companies over loans from Bank of Scotland Ireland. The fund had appointed a receiver and pursued injunctions to seize the family home at Mountpleasant Square, Ranelagh. After negotiations, the court agreed that Feniton would receive €1.2 million and that the receiver would be entitled to possession of the property, but orders would be stayed for six months. During that period, payments to the fund would allow White to remain in the house. Counsel for White and his family consented to the settlement. Separate proceedings saw Feniton obtain summary judgments totaling €3.9 million against Peter and Alicia White and two companies, with the court refusing to accept the defendants' defence and staying execution of judgments until 31 December.