Wallace: Banks must observe realism in seeking repayments

Independent Dáil deputy and developer Mick Wallace has said that banks must be made observe reasonable measures when seeking to have out-standing loans repaid.

Mon, 10 Oct, 2011 - 20:05

Independent Dáil deputy and developer Mick Wallace has said that banks must be made observe reasonable measures when seeking to have out-standing loans repaid.

The Commercial Court today ordered the builder from Wexford to repay the €19m that he owes to ACC bank.

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CourtsHeathrowPlace: WexfordPerson: WallacePerson: Mick WallaceOrganisation: Independent DáilOrganisation: IndependentOrganisation: Commercial CourtOrganisation: ACC BankOrganisation: M&J Wallace LtdOrganisation: ACCOrganisation: Rabobank
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