The judge found Brian Daly agreed to fully indemnify the plaintiff against losses incurred by the company he directed
The High Court has granted judgment of €117,500 against a former company director in favour of a Renault truck and commercial vehicles dealer.
The judge said Setanta, with a registered office off the Longmile Road, Dublin 12, had agreed to lease two vehicles to BTDS under a 2015 hire-purchase agreement. Several more vehicles were loaned on agreed written terms and Setanta also provided repair and maintenance services to the company. It claimed Mr Daly failed, refused or neglected to pay €117,500 when it issued a letter of demand for that sum in November 2018, said the judge.
Mr Justice Bradley said Setanta has “clearly met the legal requirements” in an application for summary judgment. He was satisfied the evidence establishes that a termination sum of €45,800 became due and that there is an undischarged sum of €71,621 also owing.
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