Bank seeks order for repayment of €9.4m from property developers

A BANK has asked the Commercial Court for orders requiring two men to repay loans of more than €9 million made to their property development company and themselves.

Sean Murphy, High Street, Ballyragget, Co Kilkenny, and Martin Dunne, Kilcollan, Jenkinstown, Co Kilkenny, represented themselves when the proceedings against them by Bank of Scotland (Ireland) were admitted to the court yesterday.

Bernard Donleavy, for Bank Of Scotland (Ireland), said it was seeking orders for summary judgment against both men for a total of €9.4m.