If NAMA continues to rack up legal action at its current rate, it might be an idea to create a new division of the Commercial Court division of the High Court just to accommodate the Agency. Yesterday National Asset Loan Management Limited made an application in Dublin’s High Court, reference 2012/1659 S. The defendants are named as Bill Doyle and Fergus O’Brien and they’re being sued as individuals. NAMA is represented by Dublin solicitors, Whitney Moore who were also selected by NAMA to deal with its case against yacht-racing Limerick developer, Ger O’Rourke and his wife Majella.
Bill Doyle of the Bohan Property Group and Doyle Developments was behind plans for a €1.5bn scheme south of Drogheda where 2,000 homes were to be built as well as a 12,000 seater stadium. According to the Independent, “the developer is believed to have a considerable land bank in the town of Portlaoise and is an owner of the BarringtonTower site in Foxrock”
We don’t yet have details of the current application. 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 Wine Lake 
You’d have to wonder if those PG’s are as good as they think. Seems a bit pointless to have a ltd status. And really isn’t there an opening for other creditors since the legal hierarchy of creditors is circumvented with this device.
How many loans does Nama have control of and how many companies individuals are involved?