THE wife of missing investment broker Mr Tony Taylor is to pursue her claim for her share of the monies left over from the sale of the couple's home. The house was sold last week for £580,000.
The house was sold on foot of a repossession order granted to National Irish Bank which was reported to be owed around £120,000.
Yesterday, the president of the High Court Mr Justice Costello granted an order that the net balance of the proceeds of the sale of the house, "Somerset", on Anglesea Road Dublin, be lodged in court.
Counsel for Mrs Shirley Taylor, Mr Taylor's wife, told the court that his client would have a claim in respect of the proceeds of the sale of the house and would apply to the court to establish her interest in the premises.
He said that while he could not resist the payment into court of the proceeds from the sale of the house, the issue concerning the contents was quite separate.
An application in relation to the furniture and contents of the house was adjourned until January 20th by Mr Justice Costello. The court was told that NIB had put the furniture into storage at the cost of more than £94 a week.
Mr Justice Costello was told that either Mr or Mrs Taylor or some other members of the family owned the contents of the house including the furniture. He was told that the bank had no claim and was making no claim to the contents.
Counsel for Mrs Taylor pointed out that the bank had paid off the mortgage on the house and was entirely in the clear after the sale. If the only continuing problem regarding the furniture and contents was the storage cost of £94 a week it would be "a draconian measure" to sell off this property.
Mr Justice Costello said that he had to make some order as the storage costs were rising every week.
He said at the end of the day this cost would have to be debated by the bank and his client and would depend on the items she was entitled to.
Mr Justice Costello ordered that the proceeds after the discharge of Mr and Mrs Taylor's costs to the bank and other related costs, be paid into court.
Mr Taylor left Ireland last August following a Department of Enterprise and Employment investigation into his affairs. The High Court heard yesterday that his wife was out of the jurisdiction - but had been in touch with her solicitors.
