Yesterday, NAMA launched two separate legal actions against two Liam Carroll companies in Dublin’s High Court. In both separate cases, the applicant is National Asset Loan Management Limited represented by Arthur Cox.
In the first case, ref 2013/140 SP, NAMA is suing Fabrizia Developments whose directors are listed as Liam Carroll (62), David Torpey (54) and John Pope (41).
In the second case, ref 2013/141 SP, NAMA is suing Danninger whose directors are listed also as Liam Carroll (62), David Torpey (54) and John Pope (41)
NAMA is only suing the companies, and not any individuals. As is usual with recently-filed cases, there is no solicitor on record for the respondents. Because this is Ireland, we can’t find out the basis of the action or remedy sought by NAMA. NAMA rarely comments on individual litigation.
So far this year, NAMA has launched seven actions in Dublin’s High Court and has been on the receiving end of 13, though 12 of these relate to deposits on a golf resort in Portugal.
