Firstwood Partnership wins injunction blocking property sales

This report is a localnews.ie summary based on public court reporting and records; sources are listed below.

Firstwood Partnership secured temporary injunctions in the High Court on 5 October 2016, preventing a receiver from selling its Dublin 2 properties. The orders were granted by Mr Justice Tony O’Connor against Launceston Property Finance and receiver Stephen Tennant of Grant Thornton.

The partnership disputes the receiver’s appointment. The properties include a car park, restaurant and offices at St Andrews Lane, Trinity Street and Dame Lane, valued at €13.5 million in 2014. The orders also prevent Mr Tennant from collecting rents in his capacity as receiver. The matter was returned to the following week.