Local Solicitor Suspended And Another Before High Court
A DUNDALK solicitor found guilty of professional misconduct has been struck off by the High Court.
Declan McCourt, Solicitor, Defender's Row, Dundalk, was struck off after he was found guilty by the Law Society's disciplinary body, of professional misconduct.
This related to failures regarding an undertaking for a loan on a property in Dundalk, completion of work on another property matter in Carrick-on-Shannon, and failing to furnish accounts in 2005.
After being told on Monday that an affidavit concerning McCourt's health, and threats on his life had still not been provided, Mr Justice Johnson refused to further adjourn the matter and struck him off the Roll of Solicitors.
Also in the High Court this week an application was made by the Law Society to suspend Joseph Traynor, practising as Traynor Company solicitors, Clanbrassil Street, Dundalk, and to freeze his accounts.
The judge noted the Law Society's regulation committee had met last May to discuss Mr Traynor's case and the chairman of the committee had described the investigating accountant's report as one of the most serious and damaging reports ever put before the committee.
Mr Justice Kelly said he was satisfied the matter required the urgent attention of the High Court and he listed it on Monday before the president of the High Court.
The Regulation of Practice Committee of the Law Society has expressed concerns that Mr Traynor allegedly gave undertakings to various financial institutions to stamp and register deeds when he was not in funds to do so.
Other issues raised included an alleged € 102,900 deficit in a client account but that deficit has been resolved.
Among other matters investigated by the Law Society's committee include an alleged € 1 million loan by a client, Francis Tiernan, to Mr Traynor, of which € 600,000 was drawn down.
Mr Traynor had told the Law Society that Mr Tiernan owed him € 750,000 in outstanding fees.
In separate proceedings, ACC Bank secured judgment orders in the Commercial Court earlier this year for some € 12 million against Mr Tiernan, with an address at Anne Street, Dundalk, arising from loans made to him over a five year period for property and other investments.
At Monday's sitting, Mr Justice Johnson said he would hear the application today to suspend Joseph Traynor, and to freeze his accounts.
Declan McCourt, Solicitor, Defender's Row, Dundalk, was struck off after he was found guilty by the Law Society's disciplinary body, of professional misconduct.
This related to failures regarding an undertaking for a loan on a property in Dundalk, completion of work on another property matter in Carrick-on-Shannon, and failing to furnish accounts in 2005.
After being told on Monday that an affidavit concerning McCourt's health, and threats on his life had still not been provided, Mr Justice Johnson refused to further adjourn the matter and struck him off the Roll of Solicitors.
Also in the High Court this week an application was made by the Law Society to suspend Joseph Traynor, practising as Traynor Company solicitors, Clanbrassil Street, Dundalk, and to freeze his accounts.
The judge noted the Law Society's regulation committee had met last May to discuss Mr Traynor's case and the chairman of the committee had described the investigating accountant's report as one of the most serious and damaging reports ever put before the committee.
Mr Justice Kelly said he was satisfied the matter required the urgent attention of the High Court and he listed it on Monday before the president of the High Court.
The Regulation of Practice Committee of the Law Society has expressed concerns that Mr Traynor allegedly gave undertakings to various financial institutions to stamp and register deeds when he was not in funds to do so.
Other issues raised included an alleged € 102,900 deficit in a client account but that deficit has been resolved.
Among other matters investigated by the Law Society's committee include an alleged € 1 million loan by a client, Francis Tiernan, to Mr Traynor, of which € 600,000 was drawn down.
Mr Traynor had told the Law Society that Mr Tiernan owed him € 750,000 in outstanding fees.
In separate proceedings, ACC Bank secured judgment orders in the Commercial Court earlier this year for some € 12 million against Mr Tiernan, with an address at Anne Street, Dundalk, arising from loans made to him over a five year period for property and other investments.
At Monday's sitting, Mr Justice Johnson said he would hear the application today to suspend Joseph Traynor, and to freeze his accounts.
posted by Editor at 9:42 p.m.
0 Comments:
Post a Comment
<< Home