Search Results for 'Commercial Court'

The Western Development Commission (WDC) is the key instigator in bringing the inaugural US/Ireland Legal Symposium to Westport next month. Supported by Mayo County Council the initiative dovetails with Government plans for trade, tourism and investment. Up to 300 Irish and American business people and legal sector representatives are expected at Knockranny House Hotel from May 11 to 13. The event boasts an outstanding line up of speakers led by Taoiseach Enda Kenny who is guest speaker at the gala dinner. The event will be chaired by Deirdre Somers, chief executive of the Irish Stock Exchange (ISE) and speakers include Mr Justice Peter Kelly of the Commercial Court and Chief Justice Maureen O’Connor of the Ohio Supreme Court.

In a year that saw the largest ever number of individual and corporate debt judgements registered in the Irish courts, Westmeath fared relatively unscathed, with its 72,000 residents attracting 139 judgements totalling just over €5.2m; however much worse is predicted.

ACC Bank has claimed two Co Galway men who consented earlier this year to €3.2 million judgment orders in favour of the bank against them over unpaid property and development loans have sought to defraud the bank by transferring their interest in properties to their wives.

A GALWAY builder has told the High Court he is receiving Garda protection after money was borrowed from “guys in Limerick” on his behalf.

A Cprrandulla businessman is being pursued by Allied Irish Banks for €18 million summary judgment orders over unpaid loans allegedly advanced for property developments in Galway, property investment in New York and a bloodstock business.

Bank of Ireland is suing a Galway-based solicitor’s firm for allegedly failing to put in place the necessary charges to ensure that the bank had security for loans advanced for several property deals.

A Galway property developer who has unsuccessfully tried to sell properties for more than two years so as to meet loan repayments is in the same situation as many people coming daily before the Commercial Court, a judge remarked yesterday (Wednesday)

Two Galway businessmen are being pursued by Zurich Bank for more than €16 million under personal guarantees over loans made to a construction company.

A 3Ha (7.5 acre) site on the outskirts of Athlone bought for €17.5m in 2004 and valued at €31m two years later, is now only worth €600,000, the Commercial Court was told last week.

Galway businessman John Sweeney, whose Black Shore Holdings company was wound up last week, has consented to a € 2.7 million summmary judgment order being made against him at the Commercial Court over unpaid loans.