Anglo’s attempt to reclaim €19.4m in loans adjourned

ANGLO Irish Bank’s claim for €19.4 million summary judgment orders against businessman Johnny Moran has been adjourned to next month to allow consideration of claims by Mr Moran concerning the authenticity of certain bank documents.

The bank is seeking judgment against Mr Moran arising from his guarantees of loans to companies which operated a pub and hotel in Dublin city, but he disputes the bank’s entitlement to judgment and has also brought a counterclaim against it.

Mr Moran has counterclaimed on grounds including alleged fraudulent misrepresentation arising from aspects of the conduct of the bank’s affairs leading up to its nationalisation in 2008.