AIB seeks judgment against Clare businessmen

AIB is to seek summary judgment against two businessmen over alleged unpaid loans amounting to €3.4m.

AIB claims property developers Patrick Taylor, of Moyreisk, Quin, Co Clare; and Garech McGuinness, of Whispering Pines, Ennis, Co Clare, owe it €3.4m on foot of loans and overdraft facilities extended five years ago.

Mr Justice Brian McGovern, in the Commercial Court yesterday, admitted the case to the big business division of the High Court and set March 1 as the date for hearing of the bank’s application.