Relief against forfeiture granted to plaintiff club after defendants paid outstanding sums and appointed new directors.
Sintesi Legislator
Generato dall'IAThe court granted relief against forfeiture to the plaintiff club following the defendants' payment of outstanding sums and appointment of new directors. Although the primary claim for forfeiture was withdrawn due to these remedial actions, the court awarded costs against both defendants jointly and severally. A stay was placed on the costs order pending an appeal to the Supreme Court.
Regesto Legislator
Generato dall'IARelief against forfeiture; The court may grant relief against forfeiture where the party in default has paid the outstanding sums and provided satisfactory security or guarantees, thereby removing the basis for forfeiture.
Parole chiave
Generato dall'IATesto completo
Neutral Citation: [2013] IEHC 529
THE HIGH COURT
[2012 No. 6741P]
Between:
THE LEOPARDSTOWN CLUB LIMITED
Plaintiff
-and-
TEMPLEVILLE DEVELOPMENTS LIMITED AND PHILIP SMYTH
Defendants
Judgment of Mr. Justice Charleton delivered on the 12th day of November, 2013.
It might be added that on 12 November 2013, the resumed hearing to the judgment of 2 September 2013, the outstanding sums were
found to have been paid. Extra directors of excellent experience have agreed to join Templeville Developments Limited. Relief against
forfeiture is granted. The costs are awarded against both defendants, jointly and severally. The form of the order providing for the
matters in the judgment is finalised after hearing argument. A stay is put on the costs order for four months pending an appeal to the
Supreme Court; any extension to be a matter for that court.