A couple have lost their appeals against a decision that Irish Bank Resolution Corporation is entitled to an order for possession of their family home arising from failure to repay a loan advanced in the 1990s.
Businessman Denis O’Brien is facing an estimated €1m legal costs bill after the Supreme Court ruled he must pay most of the costs of his failed case over statements made by two TDs in the Dáil about his banking affairs.
A settlement could be reached next week of the marathon case by Sean Quinn’s five adult children challenging the validity of securities provided by them for hundreds of millions of euro in loans advanced by Anglo Irish Bank to Quinn companies.
Two former senior executives with the Quinn group are "very reluctant" witnesses in the action by Sean Quinn's adult children disputing any liability under guarantees for loans of more than €415m, the High Court has been told.
Sean Quinn’s family used the Quinn group as their “personal bank” from which they extracted some €1.95bn to fund their personal lifestyles, property acquisition and significant losses, the High Court has been told.
Complaints by Sean Quinn Junior and his wife Karen Woods about a recent failure to pay some of their €100,000 annual living expenses should be seen in the context of a “scheme of misappropriation on a grand scale”, the High Court has been told.
A fund's application for a €1.7m judgment against former AIB and Central Bank director Bernard Somers in relation to a loan secured on various assets, including his home in Foxrock, Dublin, has been adjourned by the Commercial Court.
A dispute over the entitlement of the wife of former Anglo Irish Bank chairman Sean Fitzpatrick to an interest in "substantial" assets held in his sole name will be heard at the High Court next year.
Billionaire businessman Denis O’Brien will give evidence today in his High Court action alleging two TDs “clearly disregarded” the constitutional separation of powers between parliament and the courts when they made statements in the Dáil about his banking affairs.
The issuing of €31bn promissory notes in favour of Anglo Irish Bank and other financial institutions by the minister for finance in 2010, Brian Lenihan, involved an unconstitutional allocation of public money without a Dáil vote, lawyers for Independent TD Joan Collins told the Supreme Court.