AIB is seeking summary judgment for €2.8 million and €3.4 million in separate but related cases against two businessmen arising from loans made for property investments.
The bank's cases against Ivor O'Brien, Sheestown, Co Kilkenny, and Bryan Hanrahan, Raggetsland, Warrington, Co Kilkenny, were admitted to the Commercial Court by Mr Justice Brian McGovern on the application of AIB.
There was no appearance for the two men. The bank seeks judgment relating to a number of loans for property in Kilkenny county and city and advances to companies which were guaranteed by the men.
AIB alleges there was default on repayments and both men had failed to meet demands to repay the loans. It is claiming judgment for some €2.8 million from Mr O’Brien and €3.4 million from Mr Hanrahan.
