Just two day after the premises on the Tuam Road was closed by receivers, the high court has ruled that an interim examiner was appointed to Kenny Galway.

Grant Thornton were appointed receivers on Wednesday last, on the instructions of US-based vulture capital fund, Sankaty, who purchase the property loan from Ulster Bank, but Brian Kenny was resolute that he had a viable business and following an assessment by an independent expert company, sitting high court judge Ms Justice Marie Baker ruled that the company was viable and Mr Neil Hughes has been appointed as examiner.

Ms Baker also ruled that further interim orders restraining a fund-appointed receiver taking any further steps until the case comes be back to court on December 13th.

In a statement issued after the court ruling, "Brian Kenny, Kenny Galway, is delighted to announce that the dealership has re-opened for business at its current location. Brian would like to thank his loyal staff, customers, suppliers and friends for their support and good wishes."

Kenny Galway are main dealers for Volvo, Citroen, Peugeot and Kia and resumed business at the Tuam Road site on Saturday morning.

All 33 staff members will be retained; all existing and new customers, many who have booked and paid deposits for new cars for delivery in January are welcomed by Brian Kenny and his staff over the coming weeks.