Anglo seeking €10m judgment

Anglo Irish Bank has claimed more than €10 million summary judgment against two companies and a Belfast developer over loans …

Anglo Irish Bank has claimed more than €10 million summary judgment against two companies and a Belfast developer over loans advanced to purchase units in Dublin’s Parnell Centre.

The proceedings were transferred to the Commercial Court yesterday by Mr Justice Peter Kelly.

The judge said he would allow the defendants an opportunity to outline any defence on affidavit, including claims of some form of misrepresentation by the bank, and adjourned the application to late July. The case is against Cambourne Investments Inc, a British Virgin Islands firm; Century City Ltd, with registered offices at Sheridan Imax Theatre, Parnell Street; and Peter Curistan, Hampton Park, Belfast.