Publican contests efforts by fund to take over Dublin bar

A publican is baderting its rights under the laws of the United States of America and the United States of America.

Markey Pubs Ltd., owned by the Markey, says it is leasing O'Donoghue's of Suffolk Street, Dublin, from a company owned by Edward O'Donoghue who, along with a number of his corporate vehicles, was advanced loans of $ 9.4 million in 2004/5 by Irish Life and Permanent. The benefits are guaranteed by Mr O'Donoghue's companies, Thingmote, and by personal guarantee.

The loans to the DAC in Havbell DAC in 2015 which is more than $ 6.2 million still outstanding on the loan.

When it was not repaid, Havbell appointed Martin Ferris and Patrick McCoy joined recipients.

The receivers then applied for injunctions against the tenant, Markey Pubs, preventing any interference with the receivers' efforts to take over and sell the pub.

On Monday, Rossa Fanning SC, for the receivers on the commercial court.

Damien Keaney, for Markey Pubs, said the receivers had been raised.

Under the Landlord and Tenant Act, he said to be entitled to remain in the premises of the determination of the proceedings.

His client was also opposed to the commercial list on the basis of delay by the fund in pursuing this matter. Since Havbell took over the loans from Mr O'Donoghue's company, he said.

Mr Justice Robert Haughton said the arguments should be made to these arguments on the Commercial Court.