Pair pursued for €44m orders over alleged default on loans issued to buy lands in Dublin

Two men are being pursued for €44m summary judgment orders over alleged default on loans issued to buy lands in Dublin.

ACC Loan Management Ltd (ACCLM), formerly ACC Bank, has brought proceedings against Frank Connon, of Tullyrisk, Birr, Co Offaly, and Fergus Connon, Merryfalls, Sillogue Lane, Finglas, Dublin, over loans issued by ACC Bank on dates from 2009.

On the application of Stephen Walsh, for ACCLM, Mr Justice Brian McGovern agreed yesterday to transfer the proceedings against Frank Connon to the Commercial Court.