The property developer Danny Grehan has joined his brother Ray in being declared bankrupt in Britain.

NAMA has secured court orders enabling it to move against assets in Britain of developer brothers Ray and Danny Grehan as part of the agency’s efforts to recover unpaid loans of over €300 million.

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.

Property developers Raymond and Danny Grehan have consented to Nama securing judgment orders against them for more than €300m each.