Bank of Scotland Ireland pursues two men for €1.2m

TWO businessmen are being pursued by Bank of Scotland Ireland for judgment orders of €1.2 million arising from personal guarantees allegedly provided by them over loans to a company.

BOSI has brought proceedings against Frank Ennis, with addresses at Rock Road, Blackrock, Co Dublin, and Milltown Hall, St Anne’s, Dublin 6, and against Brian Palmer, Willow Lodge, Brennanstown Road, Cabinteely, over their alleged June 2008 guarantees of the debts of a company, The Doughmaster, up to a maximum €2m.

The bank alleges the company defaulted on some repayments of a loan of about €1.99m advanced to it under a facility letter of April 2008, amended in June 2008, for the fitting out of eight retail units for use by the company.