Tue 05 May 2007Bid to stop Treasury 'spoiling' saleAn Allied Irish Banks trust company has initiated High Court
proceedings seeking to stop development company Treasury Holdings
"spoiling" a proposed €64 million sale of the majority
shareholding in the Northside Shopping Centre in Coolock,
Dublin.The case of BNY Trust Company (Ireland) and Ark Life Assurance
Company against Treasury Holdings was admitted by Mr Justice Peter
Kelly yesterday into the list of the Commercial Court, the
commercial division of the High Court, and was fixed for hearing on
June 21st next.