Dispute over reducing assets below €2.3m goes to Commercial Court – The Irish Times

A dispute between the Revenue and a businessman over a High Court order preventing him from reducing his assets below €2.3 million has been admitted to the fast-track Commercial Court list.

Paul Howard, a builder and landlord, of Larkfield Avenue, Harolds Cross, Dublin, opposed Revenue’s application for entry of the case to the commercial list.

It followed an interim order made earlier this month by the High Court freezing his assets below €2.3m which he owes in taxes and interest.

Mr Howard, in an affidavit, said he was resisting entry of the case to the commercial list because the solicitors for Revenue, Ivor Fitzpatrick and Co, was maintaining the action for a share of the profits in any finding against him by the court and therefore does not have an independent interest in the matter.

Fee

This arrangement, he said, amounts to a contingency fee which he says is champertous –

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