Court of Appeal dismisses father and son's damages claim against Nama

Proposed development in Dublin never proceeded, loans got into difficulty, and, in 2010, the €6.2m loans were transferred to Nama

The claim arose over Nama's acquisition of loans advanced to Mr Byrne Sr and another individual, of €5.5m and €715,000, from AIB to develop a site located at Parnell Rd, Dublin 12. FIle picture: Sasko Lazarov/RollingNews.ie

A claim brought by a father and son over the acquisition of €6.2m in loans by Nama has been dismissed by the Court of Appeal.

The proceedings were brought by Vincent Byrne and his son Vincent Byrne Junior.