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NAMA performance
  • William Fry
  • Ireland
  • April 5 2012

NAMA is expected to report a pre-impairment profit of upwards of 750 million for 2011


Receivers move to possess mortgaged properties
  • William Fry
  • Ireland
  • September 4 2013

A number of recent High Court decisions demonstrate an increase in the number of repossession proceedings being brought by receivers


Bank checked in pursuit of defaulting property borrower
  • William Fry
  • Ireland
  • 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


NAMA: the phoney war is over
  • LK Shields
  • Ireland
  • December 31 2010

The NAMA guns are out, following the recent High Court decisions against Paddy Shovlin and Paddy McKillen and the appointment of a receiver to McNamara Construction


Restructuring update - NAMA Patrick McKillen legal challenge
  • A&L Goodbody
  • Ireland
  • November 15 2010

The first legal challenge against NAMA was heard by the Irish High Court from 5 October 2010 to 14 October 2010 and judgment was delivered earlier this month on 1 November 2010


Lender claims: solicitor or valuer negligence
  • A&L Goodbody
  • Ireland, United Kingdom
  • November 15 2010

With the recession showing no signs of abating, and property prices remaining static, recent trends in the Northern Ireland Courts are now beginning to clearly show an influx of claims by financial institutions who are seeking to recoup lost value arising out of disastrous property transactions


Loan portfolios
  • William Fry
  • Ireland, United Kingdom
  • 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


The chronicles of NAMA
  • Bircham Dyson Bell
  • Ireland
  • June 23 2011

Toward the end of 2009 the Republic of Ireland’s then government passed legislation which would lead to the creation of the National Assets Management Agency (NAMA


Kavanagh and Ors v Lynch and Ors - effect of start mortgages ruling curtailed by the High Court
  • Matheson
  • Ireland
  • September 2 2011

In a judgment delivered on 31 August 2011 Ms. Justice Laffoy has clarified certain of the potential wider ramifications of the ruling in the case of Start Mortgages Limited & Ors v. Gunn & Ors


McKillen challenge to NAMA - the final chapter
  • Matheson
  • Ireland
  • July 29 2011

In previous editions of the newsletter, we provided an update on the challenge to NAMA made by property investor Paddy McKillen