Bank resolves bid to get details of couple’s assets

AIB has resolved proceedings aimed at getting full details of the assets of a couple as part of its efforts to recover debt of some €20m, the High Court has been told.

Ciaran Lewis SC, for the bank, said William and Sheila Moran, who had owned the Morans on the Weir pub restuarant in Kilcolgan, Co Galway, had provided sworn statements verifying matters set out in correspondence relating to their assets.

In those circumstances, the bank was not proceeding further with cross-examination aimed at getting full details of those assets and the matter could be struck out, counsel said.