Jim Corr consents to €1.4m court orders against him
Mr Justice Peter Kelly was told yesterday by the musician’s counsel, Ciaran Lewis, that Mr Corr would not be seeking to defend the bank’s claim and was consenting to summary judgment.
On the application of Bernard Dunleavy, for ACC, the judge entered judgment in the sum of €1,442,922, plus costs, against Mr Corr, who was not in court.
Earlier this week, ACC also secured summary judgment for €1.4m on consent against Liam Marks, The Coach House, Sandymount, Blackrock, Dundalk, arising from the same loan.
The bank’s proceedings against Mr Corr, Sharman House, Old Windmill Road, Crawfordsburn, Bangor, Co Down, were also transferred to the Commercial Court last Monday but were returned to yesterday to allow Mr Lewis take instructions as to whether any defence would be proffered.
The case arises from a €1.2m loan advanced to Mr Corr and Mr Marks in November 2004 to assist in purchasing some 97 acres non-residential lands at Gorebridge, Co Kilkenny.
The bank said Mr Philip Marks, son of Liam Marks, was also a party to the letter of loan sanction but it was unsure of his whereabouts, having heard reports he is living in Hong Kong. Once it ascertains Mr Marks whereabouts, it intends to also bring proceedings against him, the bank said.
