NAMA has receivers appointed to another slew of companies including developer of National Business Park

NAMA’s foreclosure activity continues apace and according to today’s edition of Iris Oifigiuil, the Agency has had receivers appointed to assets at a further eight companies. Seven of the companies appear to be associated with Pat Neville, the Wexford developer who died in the US earlier this year – NAMA has previously had receivers appointed to Pat Neville and Sons Limited. The first company below, Coolnaleen, is completely separate and was behind the development of the NationalBusinessPark in Portlaoise (1) Coolnaleen Developments Limited – Receiver: Kieran Wallace of KPMG Restructuring – Date of appointment: 31^st October, 2012 – Directors: Paul Kelly (47), Niamh Healy (46)   – Shareholders: Empire Homes Limited (0.23%), Niamh Healy (20.19%), Paul Kelly (79.58%). (2) Pat Neville Properties Limited – Affecting: Block B1 and Block 1 at Bettystown Shopping Centre, Bettystown, Co.Meath – Receiver: Ken Fennell of Kavanagh Fennell – Date of appointment: 31^st October, 2012 – Directors: Patrick Neville (63, assume decedent), Anne Roche (44), Sinead McCarthy (36) – Shareholders: NQ Homes Limited (100%) (3) PNSN Developments Limited – Affecting: propert at Oakley Wood, Tullow, Co. Carlow – Receiver: Ken Fennell of Kavanagh Fennell – Date of appointment: 31^st October, 2012 – Directors: Patrick Neville (63, assume decedent), Anne Roche (44), Sinead McCarthy (36) – Shareholders: PN Holdings Limited (100%) (4) Watervalley Properties Limited – Affecting: property at Bettystown Court and Leisure Centre, Bettystown, Co. Meath – Receiver: Ken Fennell of Kavanagh Fennell – Date of appointment: 31^st October, 2012 – Directors: Patrick Neville (63, assume decedent), Anne Roche (44), Sinead McCarthy (36) Eddie O’Connor (44) – Shareholders: PN Holdings Limited (100%) (5) Pat Neville Developments Limited – Affecting: 8 hectares at Newtown, Drogheda, Co. Louth; Apartment 72, Derrynane Square, Dorset Street, Dublin 2;lands at Bettystown, Co. Meath; a development at Ardmore, Co. Meath; property at 10 Brackenwood Land, and Brackenwood Avenue, Balbriggan, Co. Dublin; 36 acres at Carnew Road, Gorey, Co. Wexford; 64 acres at Ballinatray, Courtown, Co. Wexford; 11 acres at Ballowen, Gorey, Co. Wexford – Receiver: Ken Fennell of Kavanagh Fennell – Date of appointment: 31^st October, 2012 – Directors: Patrick Neville (63, assume decedent), Anne Roche (44), Sinead McCarthy (36) – Shareholders: Pat Neville (1%), PN Holdings Limited (99%) (6) Lacknash Limited – Affecting (with Pat Neville Developments Limited): 10 acres at Fairfields View, Adamstown, Co. Wexford – Receiver: Ken Fennell of Kavanagh Fennell – Date of appointment: 31^st October, 2012 – Directors: Patrick Neville (63, assume decedent), Anne Roche (44), Sinead McCarthy (36) – Shareholders: PN Holdings Limited (100%) (7) David and Mary Nevins Limited – Affecting: Units 1 and 2, Whitemill Industrial Estate, Co. Wexford – Receiver: Ken Fennell of Kavanagh Fennell – Date of appointment: 31^st October, 2012 – Directors: Patrick Neville (63, assume decedent), Anne Roche (44), Sinead McCarthy (36) – Shareholders: PN Holdings Limited (100%) (8) PPAN Developments Limited – Affecting: 9 acres at Gorey Hill, Gorey, Co. Wexford – Receiver: Ken Fennell of Kavanagh Fennell – Date of appointment: 31^st October, 2012 – Directors: Patrick Neville (63, assume decedent), Sinead McCarthy (36) – Shareholders: PN Holdings Limited (100%) Remember you can see a comprehensive list of Irish foreclosure action by NAMA here and in this regularly updated spreadsheet.

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