NAMA is back before an Oireachtas committee next week and hopefully someone will quiz the Agency on its legal cases, where the Agency refuses to identify respondents or outline the case against them. Today we learn that NAMA has made an application in Dublin’s High Court where the respondent is named as “Anthony Boushel”. Who he? No idea, there is one Anthony Boushel listed in Ireland as a director of “Irish Daily News Limited” which is showing as dissolved. But we have no way of knowing if this is the same Anthony Boushel being sued by NAMA. And given errors, including spelling mistakes, on the Court Service I wouldn’t be 100% sure that the respondent name is correctly spelt.
NAMA, or rather its subsidiary, National Asset Loan Management Limited, made the application on 16th October 2012 and NAMA’s solicitors are showing as Beauchamps. As is usual with recently-filed applications, there is no solicitor on record for the respondent. The case reference is 2012/10312 P.
NAMA has also made an additional application at the High Court – reference 2012/10322 P – against Greg Coughlan and wife Anne Coughlan. Last month NAMA made its first application against the couple. NAMA is again represented by Cork solicitors, Ronan Daly Jermyn.
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 34 separate actions in Dublin’s High Court and has been on the receiving end of six.