High Court to rule on developer's challenge to NAMA

High Court to rule on developer's challenge to NAMA

The High Court will rule later on a developer's bid to bring new information into his legal challenge to NAMA.

Paddy McKillen has bank debts of €2bn, but insists all his loans are fully performing and that NAMA's interference is damaging his business reputation.

He is the first property developer to challenge the agency over the transfer of €80m euro worth of loans from Bank of Ireland to the State's bad bank.

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