NAMA continues to provide a living to many in our legal profession and yesterday launched two separate but apparently related applications in Dublin’s High Court. In both cases, the applicant is National Asset Loan Management Limited represented by top-tier solicitors, Byrne Wallace.
In the first case, reference 2013/882 S, the respondents are Valerie Craughwell, Des FitzGerald/Desmond FitzGerald. In the second case, reference 2013/184 SP, there are four respondents, Valerie Craughwell, Des FitzGerald/Desmond FitzGerald (again!) and two limited companies Superplant Limited and JJ Smith Builders Limited. The two companies are shown as dissolved on duedil.com but the former directors of both were Bernard Smith (57) and Norbert Fitzpatrick (63) and are part of the Smith Group on the Naas Road in Dublin. As is usual with recently-filed applications, there is no solicitor on record for the respondents.
As this is Ireland and we have medieval levels of transparency in our court system, we don’t know the basis for the applications or remedies sought. NAMA doesn’t generally comment on individual cases, not even to confirm the identity of respondents.
So far this year, NAMA has launched 11 applications in Dublin’s High Court and has been on the receiving end of 14, though 12 of these relate to depositors suing for the return of deposits relating to a Portugese golf resort.