Court orders Lynn to pay Ulster Bank €6.3m

ULSTER Bank has secured orders from the Commercial Court requiring solicitor Michael Lynn to repay loans of about €6.3 million while Mr Lynn’s wife is resisting application for judgment for some €7.6m against her on grounds including a claim that banks have a duty of care to customers.

Mr Justice Peter Kelly yesterday adjourned to Monday bids by two banks against Mr Lynn’s wife Bríd Murphy in relation to mortgages taken out on Glenlion House, Thormanby Road, Howth, which the couple intended as their family home.

Ms Murphy is resisting judgment on various grounds, including alleged negligence by Bank of Scotland Ireland (BOSI) in how it dealt with the couple’s application for a €3.85m mortgage for Glenlion House. On application by ACC for judgment against her and Mr Lynn for some €3.8m, Ms Murphy is claiming she did not sign a homeloan agreement.