NAMA’s fourth application this year, in Dublin’s High Court yesterday, is against an individual named by the Court Service as “Simone Kelly” – that’s Simon with an “e” at the end. The application – reference 2013/304 S – is in the name of “NATIONAL ASSET LOAN MANAFEMENT LIMITED” so I guess the Court Service does contain errors in spelling. NAMA is represented by top-tier law firm Arthur Cox, and as is usual with recently-filed applications, there is no solicitor on record for the respondent.
Earlier this week, NAMA sued an individual “Mary Kelly” and as is the case with all High Court applications in Ireland, we are unable to find out any more information about the respondent, not even their address and NAMA does not generally comment on litigation, even to confirm the identity of the respondent.
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.
This is the fourth application by NAMA in the Dublin High Court in 2013. Last year, NAMA initiated about 40 cases in the High Court and was on the receiving end of about 10.