NAMA’s foreclosure action continues at a steady pace in 2013, and yesterday’s edition of Iris Oifigiuil reveals that the Agency has had receivers appointed to the Waterford development and construction company, WD Bolster and Son Limited.
On 6th February, 2013, NAMA had Barry Donoghue of KPMG appointed as receiver to assets securing a loan from AIB.
WD Bolster and Son Limited is owned by William Patrick Bolster (40) and his father, William Davis Bolster owns a 1% stake. The directors are William Patrick and William Davis. The company was incorporated in 2000 and was responsible for the Newtown Park and Carrig an Aird developments in Waterford.