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Carval paid €348 million in 2014 for a share of Project Parasol, a group of about 2,000 small business loans and buy-to-let mortgages, from Lloyds which acquired the debts when it took over Bank of Scotland

Part of US fund Carval earned almost €4.7 million profit in 2016 from Irish property loans it bought from UK bank Lloyds, the latest figures show. Ca(...)

AIB has scaled back its use of the hawkish “summary judgment” debt recovery tactic, but remains, by far, the Irish lender most likely to sue its customers in the High Court, according to an analysis of official records by The Irish Times. Photograph: Paul McErlane / Reuters

AIB has scaled back its use of the hawkish “summary judgment” debt recovery tactic, but remains, by far, the Irish lender most likely to sue its custo(...)

The former headquarters of Bank of Scotland (Ireland) at St Stephen’s Green in Dublin.  Photograph: Brenda Fitzsimons

A distressed assets fund linked to the US investment giant CarVal is pursuing the eldest son of the late developer Jim Mansfield over debts. The fund (...)

As of last month, some €150 million worth of home loans had either been drawn down or in the pipeline to be issued by Pepper. Photograph: Neil Hall/Reuters

The Irish assets of Australian financial services firm Pepper may be spun off by its new owners in a bid to streamline the business and focus on the g(...)

Solar energy company Lightsource is planning a €60 million solar farm in Dunboyne, Co Meath. Photograph: Matt Cardy/Getty

The European Union’s statistics agency, Eurostat, has cleared the way for the Government to expand its mortgage-to-rent scheme for troubled borrowers (...)

A poster campaign by the Independents4Change group, in Dublin.

You might have noticed a media and advertising campaign by Minister for Social Protection Leo Varadkar in recent weeks, asking people to report welfar(...)

The Government moved to clamp down on how overseas buyers of Irish property  used ultra tax-efficient structures to minimise their tax bills. File photograph: Getty Images

The overwhelming majority of attempts by vulture funds to influence a tax clampdown by the Government did not have to be declared under official State(...)

Over time, more and more, mainly US, firms - including Lone Star, Cerberus, CarVal and Davidson Kempner - descended on Ireland’s shores. They’re often dubbed “vulture funds” for feeding off the types of soured assets that most other types of investors would run a mile from. File photograph: Getty Images

Overseas private equity firms and hedge funds began to smell blood in 2010 as the shutters were pulled down on Bank of Scotland (Ireland) and the Stat(...)

“Last year, AIB accounted for almost one in two of all summary judgment applications in the State.” Photograph: Cathal McNaughton/Reuters

AIB has dramatically stepped up its pursuit of defaulting borrowers and is now by far the most litigious Irish lender when it comes to chasing unpaid(...)

 Arnotts has enjoyed a bumper year. Photograph: Dara Mac Dónaill

Arnotts, according to the Sunday Independent, has staged a turnaround with revenues jumping by almost 11 per cent in the year to January 2016. For the(...)

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