Mansfield being pursued for €280m

HOTELIER Jim Mansfield, who is suffering what the Commercial Court yesterday called an incurable neurological illness, is being pursued by Bank of Scotland (BoS) and NAMA for summary judgment orders totalling €280 million.

In what Mr Justice Peter Kelly said was probably the biggest ever summary judgment application brought here arising from a personal guarantee, BoS is seeking orders for €206m against Mr Mansfield arising from debts of his companies.

NAMA, in a separate case, is seeking €74m summary judgment orders, also arising from Mr Mansfield’s guarantees over loans to made by Irish Nationwide Building Society to two companies.