The NAMA applications in Dublin’s High Court are now coming thick and fast. Yesterday the Agency launched action against two individuals Paul O’Brien (presumably the “Pual O’Brien” shown at the Courts Service is a mistake) and Tony Enright. As is usual with recently-filed applications, there is no solicitor on record for the respondent.
The case reference is 2012/3820 S. The applicant is National Asset Loan Management Limited represented by global legal giant, Eversheds solicitors.
With individuals named as respondents, we need to be very careful when even speculating about the indentity of the respondent. NAMA doesn’t comment on individual cases, and although there is a well-known Limerick solicitor and developer called Paul O’Brien, and NAMA has taken legal action against him personally earlier this year, we do not know if this is the same Paul O’Brien in this case.
In the past, NAMA has taken legal action against individuals to enforce personal guarantees or to secure personal judgments, but it should be stressed that we do not know if either of these objectives lies behind the current application. NAMA generally doesn’t comment on individual legal cases.
So far this year, NAMA has launched 32 separate actions in Dublin’s High Court and has been on the receiving end of six.