Although there has been a noticeable relenting in the pace of NAMA enforcement action in the past month, there is still a trickle of ongoing activity and today’s issue of Iris Oifigiuil reveals that on 22nd November 2012, NAMA had Kieran Wallace and Eamonn Richardson of KPMG appointed as joint statutory receivers to Dublin Taverns Limited.
Dublin Taverns Limited is owned by David Cullen (50%), Rita Barcoe (25%) and Aideen Cullen (25%). Its directors are Stephen Cullen (42) and Rita Barcoe (who DueDil says is aged 15, she wishes!). It is not entirely clear what pubs are under the control of Dublin Taverns, but Rita Barcoe appears to have been the manager of the Turks Head in Temple Bar in Dublin city centre.
On 3rd October, 2012 NAMA initiated legal action in Dublin’s High Court against David Cullen, though it should be stressed that we are unable to establish if it is the same David Cullen who owns 50% of the company referred to above.