NAMA’s foreclosure action continues apace but at a less intense pace than earlier this year. We learn from today’s edition of Iris Oifigiuil that two more companies have fallen.
First up is Horison Developments Limited to which NAMA had Simon Coyle of Mazars appointed as a statutory receiver on 22nd June 2012.. Horison is controlled by Capel Developments directors Brian Molloy, Edward Keegan, Liam Kelly and Thomas Molloy,
Secondly we have Clubko Limited to which NAMA had Martin Ferris (or Martin V Ferris, which presumably differentiates him from the Kerry Sinn Fein deputy) from Ferris and Associates as a statutory receiver on 25th June, 2012. Clubko is controlled by pub supremo Hugh O’Regan with minority shareholdings held by Delores Barry and a company called Beldent Limited.
Remember you can see a comprehensive list of Irish foreclosure action by NAMA here and in this regularly updated spreadsheet.
