Petition Notice served against Laragan Developments

L

lbournes

Guest
Today's Irish Independent - page 24 Classifieds.
Advertisement of Petition to the High Court

Record No. 2009/83COS in the matter of Laragan Developments Ltd
Petitioner is Velfac Windows Ltd

To be Heard on Monday 23rd March 2009
 
Re: Petition Notice servered against Laragan Developments

lbournes said:
Today's Irish Independent - page 24 Classifieds.
Advertisement of Petition to the High Court

Record No. 2009/83COS in the matter of Laragan Developments Ltd
Petitioner is Velfac Windows Ltd

To be Heard on Monday 23rd March 2009
Click to expand...

Do u have a link to this?
 
Re: Petition Notice servered against Laragan Developments

Hi foxylady -

I was unable to locate the classifieds on the Irish Independent website - so I bought the paper this afternoon and have it cut out.
Its located p24 of the Classifieds right next to the Movies Cinema listings.
Under Legal Section.
 
Re: Petition Notice servered against Laragan Developments



Here is a link for this Advertisement of Petition against Laragan Developments Ltd.
 
In today's Sunday Times it is reported that Conneely Construction has filed a High Court case agains Laragan over the termination of its contract to construct the development in Santry.
 
Brendan said:
In today's Sunday Times it is reported that Conneely Construction has filed a High Court case agains Laragan over the termination of its contract to construct the development in Santry.
Click to expand...


Yeah and Laragan are using the termination of that contract as one of their long line of excuses for the delays.
 
Latest Update - an article in today's Irish Times relates to this High Court Petition against Laragan Development Ltd -

"Building Firm should have been more open"

Link to story: [broken link removed]

I am not a legal expert so cannot be sure if this implies that Laragan Development Ltd will become insolvent shortly - but it seems that a dispute centers around a snagging issue with Velfac Windows Ltd for a development called Carrickmines Green?

There is another High Court Petition against Laragan by the Plantiff "Coneelly Construction" - who were the main contractors in Milner Square Santry but whose contract has been terminated by Laragan. I am not sure if Velfac Ltd are a sub-contractor to Coneelly Construction, or if Coneelly and Velfac Ltd are two separate High Court Petitions.

"The judge said she would adjourn the petition hearing to next Monday in the “general interest of the company’s creditors” and “in the public interest”.
 


It more seems like they are getting another chance to be honest
 
Laragan Developments Ltd has been granted examinership on Friday by the High Court.

Link to Story: [broken link removed]

How does this affect buyers in Milners Square? And what are our options now?
 
andycole said:
Laragan Developments Ltd has been granted examinership on Friday by the High Court.

Link to Story: [broken link removed]

How does this affect buyers in Milners Square? And what are our options now?
Click to expand...

It probably just leaves them in limbo for another 100 days of uncertainty.
 
That is worrying - if a company is going "mislead" at the High Court and to a Judge, then it shows that what they tell their business partners, suppliers, contractors, people who have bought homes off them, can not rely on the accuracy of any correspondence or information that is provided to them!

No business should leave themselves open to this type of bad publicity.
 
Has anyone bought in Carrickmines Green and is waiting on completion STILL?
 
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