Welcome to another depressingly sparse and qualified blogpost on NAMA’s latest foray in Dublin’s High Court.
Yesterday NAMA, or specifically, National Asset Loan Management Limited represented by top-tier law firm, McCann Fitzgerald launched two separate actions in Dublin’s High Court – case references 2013/1590S and 2013/1591 S. The defendant in the first case is an individual named “Maria Byrne”. The defendant in the second case is an individual named “Graham Byrne”. As is usual in recently-filed cases, there is no solicitor on record for the respondents.
Who is Maria Byrne and who is Graham Byrne? Impossible to say, because neither NAMA nor the Court Service will confirm their identities, with associated companies or specific or general addresses. Are they related? Other than sharing a surname, “Byrne”, impossible to say, the could be husband and wife, but they could be totally unrelated, naturally or legally. Are they even Irish? Again, impossible to say, they might be Nigerian for all we know.
And why is NAMA is suing them, and what is NAMA seeking from the action? Again, impossible to know as NAMA won’t say and the Court Service won’t provide the application. In the past, NAMA has had lodged very serious applications seeking judgments of hundreds of millions, on the other hand, it has made so-called “protective applications” to reserve its position to sue on a matter for example, when the Statute of Limitations would bar future legal action unless a protective application was made.
So, there you go. NAMA’s 18th and 19th applications in Dublin’s High Court this year. NAMA has been on the receiving end of 15 applications, including 12 relating to a development in Portugal where buyers want their deposits back, one where Paddy McKillen is suing (again) for alleged breach of privacy and confidentiality. And finally please no speculation on who the Byrnes are, you can assume that the names have been Googled and run through company director records and media reporting.
NAMA Wine Lake 
Transparency how do there was more openness In the ku klux klan than NAMA we know IBRC Is run as a gravy train for 250 people on huge wages but now it seems the legal Profession have climbed aboard The NAMA train,
Only for NAMAwinelake reality would not exist ,:)