McKillen entitled to limited disclosure of documents by Barclay brothers

The High Court has ordered there should be limited disclosure of documents to property investor Paddy McKillen by the billionaire Barclay brothers in advance of next month’s hearing of a challenge to the sale of hundreds of millions worth of Mr McKillen’s loans by Irish Bank Resolution Corporation (IBRC).

Mr Justice Michael White yesterday said Mr McKillen’s lawyers must be provided with discovery of communications between David and Frederick Barclay, a number of their companies, and the Department of Finance, IBRC and Nama.

These communications, between any person or entity on behalf of the Barclay interests, or any of the trustees of their family settlements, relate to the proposed acquisition by the Barclays of Mr McKillen’s loans with IBRC.