Murphy & Ors -v- Gowan Distributors [2011] IEHC 126 (McMahon J, 5 April 2011)
HIgh Court holds: i. that guarantors of liquidated company were personally liable for its arrears of rent to landlord company, and that landlord company was not guilty of bad faith or misrepresentation; ii. that landlord company was entitled to set-off against moneys owed to said guarantors in their capacity as head lessors; iii. that company was not entitled to set-off against outside investors who co-owned premises with head lessors. (Full text.)
Claim against company for arrears of rent – claim by company on personal guarantees – whether rents properly due – car dealership – whether dealership arrangement terminated – whether company acted in bad faith or made misrepresentations – whether limitation on liability of guarantors – whether company entitled to set-off against outside investors.
