Courts / Dublin / Report

€3.6m freezing order against engineering firm discharged

Date
2020-07-24
Stage
Hearing Or Decision
Primary locality
Dublin
County
Dublin

Summary

In a High Court hearing on 24 July 2020, the court discharged a €3.6 million Mareva freezing order that had been imposed on Instant Upright Ltd, a scaffolding and engineering products manufacturer. The order, obtained by Airscape Ltd – the landlord of a factory unit on Friel Avenue, Park West Industrial Estate – had prevented Instant Upright from reducing its assets below €3.6 million. Airscape had claimed that Instant Upright breached lease terms and had sought damages for alleged rent arrears and loss of future income. Instant Upright denied the claims, arguing the freezing order was an abuse of process and that its reputation and trading ability had been harmed. Thomas Hogan SC and Martin Canny BL argued that the court had been misled by nondisclosed evidence and that no fraud had been proven.

Who, what, where, when and why

What: Report matter: €3.6m freezing order against engineering firm discharged. Procedural stage: hearing_or_decision

When:

Case subjects

Instant Upright

Applicant

Places mentioned

Court Venue
  • High Court
Address Area
  • Friel Avenue
  • Park West Industrial Estate
  • Nangor Road
Secondary Mention

Topics

Fraud Stage Hearing Or Decision

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