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Recent legal developments of interest

William Fry
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Ireland
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May 10 2013

The Government has recently introduced several measures aimed at boosting investment in Ireland. The introduction of Real Estate Investment Trusts

Putting the brakes on the Start Mortgages decision

William Fry
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Ireland
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May 1 2013

In a welcome move, the Irish Government recently published draft legislation which provides that certain previously repealed statutory provisions

Start mortgages update: new bill

ByrneWallace
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Ireland
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April 3 2013

As a result of the decision of Miss Justice Dunne in Start Mortgages V Gunn & Anor, delivered on 25th July 2011 (the "Start Mortgages Decision") doubt

Court refuses order of possession in light of failure to comply with Code of Conduct on Mortgage Arrears

ByrneWallace
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Ireland
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February 20 2013

In the recent case of Irish Life and Permanent PLC v. Malcolm Duff and Susan Duff 2013 IEHC 43, Irish Life & Permanent sought to recover possession

Bank checked in pursuit of defaulting property borrower

William Fry
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Ireland
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January 9 2013

A loan was made by ACC Bank to Friends First and others in connection with the Crystal Property Development Fund to acquire lands in Co. Clare. The

Loan portfolios

William Fry
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Ireland, United Kingdom
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November 21 2012

It is reported that US private equity business Blackstone has agreed a £536 million refinancing of Coroin Ltd, the company that owns three luxury hotels (London’s Claridge's, the Berkeley and the Connaught), at the centre of a legal battle between property developer Patrick McKillen and billionaire Barclay brothers David and Frederick

Qualifying Investor Fund

William Fry
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Ireland
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April 5 2012

NAMA has announced plans to establish a Qualifying Investment Fund (QIF), a form of regulated fund vehicle, which will invest in property and property related assets in Ireland, the UK and Europe