Couples get stay on €3m ACC judgment

TWO couples have secured a six-month stay on a judgment for €3.27 million obtained against them by ACC Bank over an unpaid property loan after a High Court judge said he was “sympathetic” to their fears.

Those concerns relate to the bank moving immediately against the couples’ assets, including their family homes.

Mr Justice Peter Kelly also awarded the couples one third of their legal costs against the bank because of the “unusual circumstances” of the case, including ACC’s conduct of it, particularly its delay telling them it had evidence their signatures on a particular loan document were forged.