Judgments of €11m over three unpaid loans

The National Assets Management Agency has secured summary judgment orders for more than €11 million each against a solicitor, …

The National Assets Management Agency has secured summary judgment orders for more than €11 million each against a solicitor, a property company and a businessman over unpaid property loans.

A Nama company brought the proceedings against Paul O’Brien, a solicitor with an address at Courtbrack Avenue, South Circular Road, Limerick; Oyster Developments Ltd, of the Courtyard, Killarney, Co Kerry; and David Crowe, a businessman, of Tullig Spa, Killarney.

Mr Justice Peter Kelly said he would enter judgment for some €11.5 million against Mr O’Brien. After finding service was properly effected on the other defendants, he also entered judgment for some €11.5 million against the company and for €11.9 million against Mr Crowe.