A Co Meath farmer has lost his Supreme Court appeal over a bank’s appointment of a receiver over annual payments of some €170,000 to him under the EU Basic Payment Scheme. A Co Meath farmer has lost his Supreme Court appeal over a bank’s appointment of a receiver over annual payments of some €170,000 to him under the EU Basic Payment Scheme. A five judge Supreme Court ruled ACC’s appointment of the receiver by way of equitable execution over the payments to Mark Rickard was, in the circumstances of this case, “warranted and justifiable”. ACC later appointed a receiver over certain lands of Mark Rickard in Co Meath over which it had security. Mr Justice MacMenamin said, in that application, ACC told the court it seemed Mark Rickard had received payments of some €162,656 under that scheme.

Source: Irish Independent May 20, 2019 13:18 UTC