Sign up to The Irish Times Archive (1859 - 2008)My Account »
Mon 11 Nov 2009McNamara resists claim for €96m
Developer Bernard McNamara is resisting an application by private investors for summary judgment orders for €96 million against him over his guarantees of the borrowings of a company involved in the €412 million purchase of the Irish Glass Bottle site in Dublin.
Counsel for Mr McNamara and his company Donatex Ltd told Mr Justice Peter Kelly today they will contend the investors, procured by Davy stockbrokers and suing through their Jersey-registered agent, Ringsend Property Ltd, are not entitled to the sum sought because there has been no default by his clients.
Choose a Subscription type - required
