High Court judge rules NAMA's demand for €32m loan repayment on Dublin properties was lawful

NAMA's demand for repayment of €32m outstanding in 2014 on loans obtained by a man for Dublin property investments was valid and lawful, a High Court judge has ruled.

Tue, 02 Jul, 2019 - 16:52

Ann O’Loughlin

NAMA's demand for repayment of €32m outstanding in 2014 on loans obtained by a man for Dublin property investments was valid and lawful, a High Court judge has ruled.

A finding whether NAMA can enforce a further €3.5m loan secured on the family home of Carol and John Morrissey at Palmerston Road, Dublin 6, would be "pre-emptive" as NAMA has not so far sought to enforce that loan, Ms Justice Una Ní Raifeartaigh held.