Businesswoman and former Dragons’ Den investor Sarah Newman was recently adjudicated bankrupt in the UK, the Commercial Court has heard.

The squeeze on first-time buyers has intensified as the amount of home loan credit has shrunk to the lowest level for 10 years, official figures show.

A total of 290 property repossession cases came before the Cork County Registrar at the courthouse on Washington Street in the past month.

A new €500m bond issued by AIB was five times oversubscribed as more than 100 international investors sought to invest in Ireland’s state-owned bank.

A young couple with a new baby and three other children said yesterday they had a lender’s application to repossess their rural home “sprung upon them”.

HURLING legend DJ Carey and his partner, businesswoman Sarah Newman, have consented at the Commercial Court to a judgment for more than €9 million each against them in favour of AIB Mortgage Bank arising from loans and guarantees of each other’s liabilities.

A HOUSE jointly owned by a man who is now homeless and receiving treatment for alcohol addiction was repossessed by a bank in the High Court yesterday.

A COURT heard yesterday that five properties co-owned by rogue solicitor Michael Lynn have arrears of €2.5m owed on them.

THE state-owned Anglo Irish Bank looks set to halt interest payments on some of its subordinated notes as it seeks to redeem up to €3.25 billion of debt.

IRELAND is highly unlikely to default on its burgeoning national debt despite a second downgrading in 90 days of the state’s sovereign debt rating.

NINE repossession orders were granted at the High Court as the mounting effects of the credit crisis were starkly illustrated by the number of cases of people unable to meet their mortgage payments.