Westmeath firm must secure AIB’s legal costs in land dispute action

The liquidator of a Co Westmeath company involved in a dispute with AIB over land has been ordered by the High Court to provide security for the bank’s legal costs if he wants to go ahead with the action.

18th October, 2008

The liquidator of a Co Westmeath company involved in a dispute with AIB over land has been ordered by the High Court to provide security for the bank’s legal costs if he wants to go ahead with the action.

PDC (Moate) Ltd was wound up in May 2005, and Tim Regan was appointed liquidator. In March 2007, Regan asked the High Court to rule on the company’s interest in lands in Westmeath, which...

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