Six acres of scrubland for Anglo, High Court rules

ANGLO IRISH Bank secured an order for possession this week at the High Court for six acres of scrubland in Co Galway used to secure loans totalling more than €2.1 million.

Anglo Irish, now called Irish Bank Resolution Corporation Ltd, had granted the four loans to a borrower in 2007.

Counsel for the lender said the borrower had never appeared in court and had not engaged at any stage. Her mother had appeared on her behalf on two occasions, but had not made any submissions, he said.

The property was described in documents filed with the court as “six acres of scrubland bounded by a mixture of mature trees, hedgerows”, with no dwellings.

Rights to cut turf, known as turbary rights, at a separate location were included with the land.

Ms Justice Elizabeth Dunne granted the order for possession with a stay of three months.



Page generated in 0.1764 seconds.