Legal bid by Clare men to compel fund to release security over more than 50 properties
Two brothers, their father, and three companies with offices in Co Clare have brought a legal action aimed at requiring a fund to perform an amended settlement agreement reached by them with Allied Irish Banks.
According to Niall and Robert Howard, their father PJ and the companies, the agreement requires their side to meet certain obligations and for Everyday Finance DAC to release its security, previously held by AIB and AIB Mortgage Bank, over more than 50 properties.
