NAMA company gets stg£9m judgement against Irish businessman

A NAMA company has obtained summary judgment for stg£9m against an Irish businessman arising out of his personal guarantee on unpaid loans of some Stg£22m made to a company.

National Asset Loan Management Ltd (NALM) sought the judgment against Michael Breslin over loans advanced by the former Anglo Irish Bank in 2007 to a company, Car Park Solutions Ltd, with registered offices at Belturbet, Co Cavan.