AIB pursuing 14 for €25m

AIB is seeking summary judgment for sums totalling around €25m against 14 businesspeople in Cork and Kerry over alleged default on loans which they had guaranteed.

AIB pursuing 14 for €25m

The 14, along with a 15th man who has already consented to judgment for €1.68m, gave personal guarantees of between €170,000 and €3.8m on loans given to a company in 2008.

AIB says the 15 were liable on a several basis with limited individual liability.

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