Bank entitled to orders up to €7.9m

A JUDGE has ruled that Bank of Scotland is entitled to judgment orders ranging from €517,412 to €7

A JUDGE has ruled that Bank of Scotland is entitled to judgment orders ranging from €517,412 to €7.9 million against a number of businessmen, including Patrick Shovlin and hotelier brothers Anthony and Patrick Fitzpatrick.

The orders arise from the €180 million purchase of the Bank of Ireland headquarters in Dublin.

Three of the defendants, now said to be living in London, are Patrick Shovlin, Turnberry, Kerrymount Ave, Foxrock, Dublin; Patrick Fitzpatrick, Dargle Lodge, Cookstown, Enniskerry, Co Wicklow; and Anthony Fitzpatrick, Trethorpe, Brennanstown Road, Cabinteely, Dublin.

Mr Justice Charleton entered judgment for a total €7.92 million against Mr Shovlin and for €3.96 million each against both Fitzpatrick brothers.

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He entered judgment for €1.52 million against Ronan O’Caoimh, of Glencarrig House, Delgany, Co Wicklow.

Peter Lavelle, Croselis Square, St Margarets, Twickenham, had consented to judgment if a stay was entered and judgment for €517,412 was entered against him with a three-month stay on entry, registration and execution of that to facilitate a hoped-for arrangement with the bank.

If an arrangement is reached, the stay will apply permanently, the bank had indicated.

Patrick Mooney, Celbridge Road, Maynooth, Co Kildare, had objected to summary judgment and argued that he had a defence to the claim but Mr Justice Charleton ruled he had made out no arguable defence and entered judgment for some €1.6 million against him.

Mary Carolan

Mary Carolan

Mary Carolan is the Legal Affairs Correspondent of the Irish Times