O’Flynns sue Nama over leak claims

Businessmen Michael and John O’Flynn and their company O’Flynn Construction Ltd have sued Nama, NALM, and ex-Nama employee Enda Farrell for damages over an alleged leak of confidential company information.

The Cork-based businessmen have brought proceedings arising out of the alleged unlawful dissemination of confidential, commercially sensitive information about them to third parties.

Nama acquired loans advanced to the brothers’ companies in 2010 and the parties had engaged in a major restructuring process.