An action by businessman Philip Lynch and his family aimed at preventing AIB pursuing them over a €25 million loan to buy development lands has been adjourned until next week.

Mr Lynch had been due to resume the witness stand yesterday when his counsel, Michael McDowell SC, said “a difficulty” had arisen and asked for an adjournment.

Mr Justice Michael Peart, who had previously said he could not hear the case today due to other commitments, later agreed to adjourn the proceedings to Tuesday.

In the Commercial Court proceedings, Mr Lynch and his family want declarations they are not personally indebted to AIB for some €25.3 million arising from a loan facility of February 2007.