Results for Ireland
- NAMA Has Put 296 Developers Into Receivership So Far
NAMA has so far placed 296 individual developers or groups of developers into receivership, the Irish Independent can reveal. Based on figures provided, since its inception in 2009 the National Asset Management Agency has moved against 37pc of the develo ...
Daily Headline - global.abi.org - 03/06/2014 - 22:46 - 0 comments
- Has Barroso Had A Change Of Heart On Irish Banking Debt?
It’s just over two months since Jose Manuel Barroso stoked controversy when he said that the euro was a victim of the Irish banking crisis at a leaders’ summit in Brussels, just as Ireland had exited its bailout. This evening he will have the first oppor ...
Daily Headline - global.abi.org - 03/05/2014 - 23:20 - 0 comments
- BoI Makes Loss Of €235 Million On Home Loans
Bank of Ireland made an after- tax loss of €235 million last year on its Irish residential mortgages, according to a filing for the entity that handles this business, the Irish Times reported. Latest accounts for Bank of Ireland Mortgage Bank indicat ...
Daily Headline - global.abi.org - 03/04/2014 - 23:09 - 0 comments
- Ely Group’s VAT Underdeclared, Says Liquidator
The liquidator of two companies formerly controlled by businessman Philip Marley has written to creditors in recent days to tell them of matters “simply extraordinary” and of “great concern”, the Irish Times reported. Creditors owed substantial sums ...
Daily Headline - global.abi.org - 03/03/2014 - 22:43 - 0 comments
- Scale of Irish Mortgage Default is Unprecedented
The revelation that five years into the downturn three-quarters of the people behind on their mortgage payments actually have jobs comes as a surprise. It shouldn’t, but it does, the Irish Times reported in a commentary. It is also quite scary as ...
Resource Article - global.abi.org - 02/27/2014 - 13:03 - 0 comments - 0 attachments
- IBRC Mortgage Bidders Sign Up To Arrears Code
Bidders for the 13,000 former Irish Nationwide home loans put up for sale by IBRC’s special liquidators will voluntarily sign up to a code of practice that protects borrowers whose mortgages are in arrears if they are successful, the Irish Times repo ...
Daily Headline - global.abi.org - 02/25/2014 - 22:38 - 0 comments
- Former Nationwide Director Says IBRC Liquidators Should Sue Their Own Firm
A former director of Irish Nationwide Building Society has told the Minister for Finance it is “preposterous” that the two special liquidators of State-owned IBRC, both partners in accountancy firm KPMG, are suing him but not their own firm for alleged n ...
Daily Headline - global.abi.org - 02/17/2014 - 23:18 - 0 comments
- 75% Of Mortgages In Long-Term Arrears Not Restructured
Nearly three-quarters of mortgages in long-term arrears have not yet been restructured, according to new figures from the Department of Finance, the Irish Times reported. The data shows 59,226 or 74 per cent of mortgages in arrears of 90 days or more ...
Daily Headline - global.abi.org - 02/14/2014 - 00:19 - 0 comments
- Changes To Insolvency Service 'Inevitable'
Justice Minister Alan Shatter has admitted that changes are needed to the new Personal Insolvency System while he also defended how it is operating, Independent.ie reported. He was speaking at a conference for Personal Insolvency Practitioners (Pips) on ...
Daily Headline - global.abi.org - 02/12/2014 - 23:31 - 0 comments
- Siac UK Subsidiary Seeks Protection From Creditors
An English subsidiary of troubled building group, Siac, is seeking court protection from its creditors, according to reports, the Irish Times reported. West Sussex-based Graham Wood Structural, owned by the Irish building group, has filed notice of i ...
Daily Headline - global.abi.org - 02/10/2014 - 23:34 - 0 comments