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.