A Nama associated company is to seek an order for a €2.5m judgment in the Commercial Court against businessman Denis O’Flynn of the Cork construction O’Flynn family dynasty.

A Nama company is seeking judgment against two businessmen for a total of around €48.5m over unpaid loans advanced to them by the former Irish Nationwide Building Society.

An interim examiner has been appointed by the High Court to Elverys Sports, which employs 654 people in 56 stores nationwide.

The High Court has clarified the powers a Nama-appointed receiver has in regards to the assets of two commercial properties.

A provisional liquidator has been appointed to two companies which own and operate the deluxe Waterford Castle Hotel and Golf Club.

Bankrupt developer Tom McFeely has lost his latest court battle over the repossession of his family home on Dublin’s Ailesbury Road.

Nama learned that developer Bernard McNamara had filed for bankruptcy in the UK on the same day the agency lodged notice of its intention to ask the Commercial Court to fast-track proceedings for €27.5m summary judgment orders against him, it emerged yesterday.

A High Court Judge has made orders preventing the proposed auction of a West of Ireland property containing 22 holiday homes after lawyers for Nama claimed the sale would result in a loss for the taxpayer.

Three companies in the Dublin-based Moritz Group who have been sued by the National Assets Management Agency (Nama) over unpaid loans made by three banks have asked the High Court for three-month stay on a summary judgment of more than €170m being registered against them.

Dunnes Stores has been ordered to pay about €20m due to a company which built a shopping centre in which the chain agreed to be the anchor tenant.

DEVELOPER brothers Ray and Danny Grehan have consented to summary judgment orders for over €300 million being entered against each of them in favour of NAMA.

THE National Assets Management Agency, in the first court application of its type, has secured multi-million euro summary judgment orders against three businessmen – Patrick Shovlin and hoteliers Patrick and Anthony Fitzpatrick – over unpaid loans to their companies by Bank of Ireland.