A letter from its European chief executive, Liam Strong, to the Northern Ireland Assembly’s enterprise, trade and investment committee says that by the beginning of this month, it had written €4.6 billion off the total due on the loans. Above: Stormont Parliament Buildings.

US investor Cerberus has written €4.6 billion off more than €12.5 billion in Irish property debt it bought over the last two years. Between mid-2014(...)

Mick Wallace last month failed to halt Cerberus’s efforts to obtain a High Court judgment for €2 million arising out of a debt due from his company. Photograph: Eric Luke

US fund Cerberus is winding up TD Mick Wallace’s property business just weeks after it succeeded in winning a €2 million judgment against him. Mr Wal(...)

 Mick Wallace. Photograph: Collins Photos.

Independent TD Mick Wallace is resisting an “unfair and premature” application by US company Cerberus in the Commercial Court for €2 million summary j(...)

Mick Wallace caused controversy last year when he raised questions over Cerberus’s purchase of a group of Northern Ireland-linked loans, called Project Eagle, from Nama for €1.6bn. Photograph: Brian Gavin/Press 22

Independent TD Mick Wallace’s €2 million dispute with US private equity fund Cerberus is due before the High Court today. Cerberus is bidding to enf(...)

Taoiseach Enda Kenny and Tánaiste Joan Burton. Mr Kenny has again ruled out increasing rent supplement to deal with the homelessness crisis. File photograph: Colin Keegan/Collins Dublin

Taoiseach Enda Kenny has again ruled out increasing rent supplement to deal with the homelessness crisis. “The real problem is the supply of houses (...)

Businessman Frank Cushnahan. The committee has reportedly sent him a list of 39 questions for written reply

The chairman of a Stormont scrutiny body investigating the controversial purchase of a Nama £1.24 billion property portfolio has “firmly rejected” cla(...)

Despite having a smaller loan book than Bank of Ireland, AIB issued over 50 per cent more High Court summary judgment actions against borrowers last year compared with its main rival. Photograph: Cyril Byrne

State-owned AIB was by far the most aggressive Irish bank of 2015 in terms of chasing customers through the courts for alleged unpaid debts, accordin(...)

Prison conditions: A washroom in E Block of Portlaoise jail

Dissident republican prisoners in Portlaoise Prison are preparing to sue the State over what they believe are degrading and inhumane conditions in the(...)

Some €2m is alleged to be due under a guarantee and indemnity dated March 30th, 2009, from Independent TD Mick Wallace, who was a director of M&J Wallace Ltd

The Commercial Court has fixed next month to hear an application for €2 million summary judgment orders against Independent TD Mick Wallace. The €2 (...)

Minister for the Environment Alan Kelly: The new guidelines are to be published following the passage of the Planning and Development (Amendment) Bill in the Dáil last week.  Photograph: Cyril Byrne

Concerns have been raised again about new regulations to reduce apartment sizes. Minister for the Environment Alan Kelly is expected to publish the c(...)