Courts / Dublin / Report
Bank seeks summary judgment of €7.5m
Summary
A bank's application for summary judgment for €7.5m against a Dublin man has been admitted to the fast‑track commercial court list. Ulster Bank Ireland Designated Activity Company is seeking judgment against Mr Liam Mulvaney of Sarsfield Road, Inchicore, Dublin 8. The bank, represented by Kelley Smith BL, says it loaned monies under various agreements to Mr Mulvaney and other co‑borrowers between 2004 and 2010. The loans were used for purchases of lands and properties in Ireland and Romania and for working capital to assist with various investment properties. In 2015 the bank entered into an arrangement with financial fund Promontoria Aran Ltd (PAL) where it holds the right title, security and interest in the loans in trust for PAL.
Who, what, where, when and why
What: Report matter: Bank seeks summary judgment of €7.5m. Procedural stage: hearing_or_decision
When:
- 2004 and 2010 Other
- 2017-11-28 Publication
Places mentioned
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