Nama warns against rushing court cases as wind-down operations continue

Asset management agency said haste could see it targeted by 'vexatious and costly new litigation' if a perception developed that it was desperate to settle cases ahead of the deadline

Nama said the next 16 months were critical to an orderly wind-down. Picture: Sasko Lazarov/RollingNews.ie

Nama has warned of the possibility of being seen as an “easy target” if it rushed to settle outstanding court cases ahead of its planned final wind-down date in 2025.

In an update for the Department of Finance, the asset management agency said this could see it targeted by “vexatious and costly new litigation” if a perception developed that it was desperate to settle cases ahead of the deadline.