Lawyers for the auctioneer, Mr John Finnegan, said they don't expect "any difficulties" when they take court proceedings in Guernsey to recover their client's trust documents later this month.
Mr Finnegan has claimed the administrators of Mr Finnegan's trust, Credit Suisse Trust, told him they would not release his records. Tribunal lawyers then demanded Mr Finnegan begin summary proceedings in Guernsey to force Credit Suisse to back down.
Yesterday, Mr Dominick Hussey SC, for the tribunal, predicted he would succeed in the proceedings. Mr Pat Hanratty SC, for the tribunal, said the witness had promised the proceedings would begin by October 26th. Yet his solicitor had indicated to the tribunal this week that the matter could take two months.
Mr Finnegan said he expected to have signed the papers by last night and the matter was "on date" for hearing by October 26th.
He was then questioned about his involvement in the development of the Plantation site on Herbert Street in the mid-1980s. He was a director of the vendor, but also had a stake with builders Brennan and McGowan in the company which bought the waste-ground site.
The site was purchased for £47,000 and sold for £261,000 after planning permission had been obtained for an office development. Mr Finnegan subsequently sought £50,000 from Brennnan and McGowan and held on to the title deeds while the builders refused to pay the sum.
Mr Hanrattty asked if the witness had any involvement in the planning permission application, in discussions about the refusal of this initial application, or in the appeal to An Bord Pleanβla. Mr Finnegan said he didn't, so far as he could recollect.
Asked if he knew of any representations made to Mr Ray Burke about the planning permissions, he said he didn't.
