Haulage firm family sue over alleged misappropriation of pension funds

Nolans say €6.96m was allegedly misappropriated and part of money, around €2.8m, was used in September 2013 to buy the former Nemo Rangers football grounds in Cork.

The Nolans seek a declaration from the court that they are the beneficial owners of the Nemo grounds.

Members of the well-known international haulage and logistics family, Nolan Transport of Wexford, claim their former solicitor and a former legal adviser allegedly misappropriated nearly €7m of their pension funds, the High Court has heard.

Ann, Elizabeth, Joan, Richard, Patricia, and Sally Nolan, along with Quest Capital Trustees Ltd, are trustees of Oaklands Property Funds pension trust which was set up for the benefit of 13 members of the Nolan family.