• Home
  • NAMA property for sale
  • About
  • The Developers
  • The Tranches

NAMA Wine Lake

Click the green link above for latest news and over 2,600 related articles. NAMA – National Asset Management Agency – part of Ireland's response to its banking crisis and property bubble

Feeds:
Posts
Comments
« European Commission refuses to hand over papers on Ireland’s largest property tax break (because Department of Finance has objected)
Of the Week… »

NAMA has receivers appointed to assets in developer’s guarantee

January 18, 2013 by namawinelake

This appears to be a first. Today’s edition of Iris Oifigiuil reveals that NAMA has had receivers appointed to the assets referred to in a loan guarantee provided by Wexford property company, Ellen Construction Limited, the embattled company formerly controlled by brothers Martin Doran and Michael Doran, but which is now subject to a NAMA receivership. In June 2012, NAMA had Declan Taite and Anne O’Dwyer, both of RSM FGS Partnership appointed as receivers to the company.

It’s particularly interesting because we learned last month that Martin Doran’s discharge from a British bankruptcy has been indefinitely suspended. Brother, Michael Doran is scheduled to emerge from British bankruptcy on 10th February 2013 and there is presently no obstacle showing on the UK’s Insolvency Service which might affect that date.

Today’s Iris Oifigiuil states that NAMA has had Declan Taite and Anne O’Dwyer, both of RSM FGS Partnership on 11th January 2013, appointed as receivers to the assets referred to in the guarantee on a loan provided by Anglo.

About these ads

Share this:

  • Twitter
  • Facebook
  • Digg
  • StumbleUpon
  • Reddit

Posted in Banks, Developers, NAMA |

  • Recent Posts

    • Farewell from NWL
    • Happy 70th Birthday, Michael
    • Of the Week…
    • Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of European Commission commitments
    • Gayle Killilea Dunne asks to be added as notice party in Sean Dunne’s bankruptcy
    • NAMA sues Maria Byrne and Graham Byrne in Dublin’s High Court
    • Johnny Ronan finally wins a court case
    • KBC continues to suck funding out of Irish market amid continuing losses
  • Recent Comments

    Wisemama on Eddie Hobbs’s US “partner” fir…
    Dorothy Jones on Of the Week…
    Sean Bean on Eddie Hobbs’s US “partner” fir…
    John Foody on Of the Week…
    Wisemama on Eddie Hobbs’s US “partner” fir…
    otto on Of the Week…
    Frank Street on Of the Week…
    Wisemama on Eddie Hobbs’s US “partner” fir…
    John Gallaher on Of the Week…
    John Gallaher on Of the Week…
    who_shot_the_tiger on Eddie Hobbs’s US “partner” fir…
    Sean Bean on Eddie Hobbs’s US “partner” fir…
    otto on Of the Week…
    Brian Flanagan on Of the Week…
    Robert Browne on Gayle Killilea Dunne asks to b…
  • Twitter Updates

    • Farewell from NWL wp.me/pNlCf-486 1 month ago
    • Happy 70th Birthday, Michael wp.me/pNlCf-483 1 month ago
    • Of the Week… wp.me/pNlCf-47P 1 month ago
    • Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of European Commission commitments wp.me/pNlCf-47J 1 month ago
    • Curious, because the McFeelys wanted to remain in the house for another year to allow teenaged son complete Leaving wp.me/pNlCf-3gS 1 month ago
    • Tom McFeely home at 2 Ailesbury Road sold for €2.5m;reportedly needs €1m to restore to "proper residential use" wp.me/pNlCf-3gS 1 month ago
    • Gayle Killilea Dunne asks to be added as notice party in Sean Dunne’s bankruptcy wp.me/pNlCf-47z 1 month ago
    • NAMA sues Maria Byrne and Graham Byrne in Dublin’s High Court wp.me/pNlCf-47x 1 month ago
    Follow @namawinelake
  • Click on date for that day’s posts

    January 2013
    M T W T F S S
    « Dec   Feb »
     123456
    78910111213
    14151617181920
    21222324252627
    28293031  
  • Blog Stats

    • 3,982,132 hits

Blog at WordPress.com.

Theme: MistyLook by WPThemes.


Follow

Get every new post delivered to your Inbox.

Join 9,990 other followers

Powered by WordPress.com