Bank secures judgment for €12m against Donegal developer

National Irish Bank secured summary judgment orders for almost €12 million against Co Donegal property developer Brendan Gildea…

National Irish Bank secured summary judgment orders for almost €12 million against Co Donegal property developer Brendan Gildea and for about €6 million against his wife arising from their personal guarantees of the debts of their property company.

There was no appearance by or on behalf of Mr Gildea, his wife Tessie and their company, Brendan Gildea Ltd (in receivership), all with addresses at Brookside Villas, Magherennan, Letterkenny, when the bank’s proceedings came before Mr Justice Peter Kelly at the Commercial Court yesterday.