Robert O’Rourke (71) and his wife Christina (66) will be entitled to stay in their home at Woodside, Clontarf until their deaths or in circumstances where they agree to sell the property.

A Dublin court has approved a debt-for-equity swap where a US “vulture fund” will take a 72 per cent share in a Dublin home in exchange for writing of(...)

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(...)

 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(...)

Many funds that bought distressed Irish business, consumer and property loans from Irish-based banks are active in the courts system, filing summary judgment cases to make borrowers pay their debts.

Small businesses whose bank loans were bundled into portfolios and sold to “vulture” funds have been advised to consider going into examinership to pr(...)