Pike & anor v McAdden & ors [2018] IEHC 804 (09 November 2018)

Pike & anor v McAdden & ors [2018] IEHC 804 (09 November 2018)

The court granted a stay on execution until 18 January 2019 because the respondents demonstrated inability to pay not solely due to their own conduct, there was a reasonable prospect of payment with a stay, and the petitioners had insufficient opportunity to respond to new evidence. The court balanced the prima facie entitlement to execution against the specific circumstances and lack of competing creditors.

Citation
[2018] IEHC 804
Parties
Petitioner: James Pike; Petitioner: Linda Pike; Respondent: Matthew McAdden; Respondent: Catriona McAdden; Respondent: James McAdden; Respondent: Gloria McAdden; Respondent: Atelier Property Group Limited; Respondent: Atelier Property Management Limited; Respondent: Atelier Property Asset Management Limited
Jurisdiction
Ireland
Judgment Date
09 November 2018
Procedural Posture
Company Law Petition Under Section 212 of the Companies Act 2014 / Application for Stay on Execution of Judgment
Outcome
Stay on execution of judgment granted until 18 January 2019; judgment for petitioners in the sum of €409,349 entered.
Legal Topics
Stay of Execution, Enforcement of Judgments, Oppression Remedy, Jurisdiction, Settlement Agreements

Case Brief

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Parties

James Pike

Petitioner

Linda Pike

Petitioner

Matthew McAdden

Respondent

Catriona McAdden

Respondent

James McAdden

Respondent

Gloria McAdden

Respondent

Atelier Property Group Limited

Respondent

Atelier Property Management Limited

Respondent

Atelier Property Asset Management Limited

Respondent

Procedural Posture

Company Law Petition Under Section 212 of the Companies Act 2014 / Application for Stay on Execution of Judgment

  1. 1 Whether a stay on execution of judgment should be granted to the respondents under section 21 of the Enforcement of Court Orders Act 1926
  2. 2 Whether the respondents have established grounds for a stay based on inability to pay, absence of fault, and reasonable grounds for extension

Ratio Decidendi

The court granted a stay on execution until 18 January 2019 because the respondents demonstrated inability to pay not solely due to their own conduct, there was a reasonable prospect of payment with a stay, and the petitioners had insufficient opportunity to respond to new evidence. The court balanced the prima facie entitlement to execution against the specific circumstances and lack of competing creditors.

Court Disposition

Stay on execution of judgment granted until 18 January 2019; judgment for petitioners in the sum of €409,349 entered.

Orders

  • Petitioners granted judgment against respondents for €409,349 on a joint and several basis.
  • Stay on execution of judgment until 18 January 2019 or further order.