Promontoria

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Land Registry and Registry of Deeds records show loan charges totalling more than €1.5 million were registered against properties owned or co-owned by Paul Howard. Photograph: Padraig O’Reilly

Businessman Paul Howard, the landlord at the centre of an eviction row with tenants at an apartment on Mountjoy Square in Dublin, had a succession of (...)

Nama chairman Frank Daly and chief executive Brendan McDonagh have been forced to defend the agency’s decision to sell its Project Eagle loans in Northern Ireland to Cerberus. Photograph: Matt Kavanagh

New figures show the US vulture fund that bought the National Asset Management Agency’s Northern Ireland property loans in a controversial deal had co(...)

Three judgment orders are being sought  by Promontoria (Aran) Ltd, a subsidiary of Cerberus, against Mr Hughes, his wife Margaret, and former AIB executive director Tom Browne. Photograph: Bryan O’Brien

A former senior executive with AIB in Galway, John Hughes, had debts of between €85 million and €95 million in 2015, with most of the money due to the(...)

Mick Wallace: he clashed with Cerberus last year when he raised questions over the US fund’s purchase of a group of Northern Ireland-linked loans, called Project Eagle, from Nama for €1.6bn

The US-backed company that is pursuing Independent TD Mick Wallace for a €2 million property debt earned €54 million in profits last year, the latest (...)

 Promontoria Eagle director Mark Neporent said Cerberus preferred to work with borrowers rather than  appointing receivers. Photograph: Bill Pugliano/Getty Images

US vulture fund Cerberus appears to have cleared an €860 million loan used to buy Nama’s Northern Ireland loans in a deal that is now the subject of s(...)

Independent TD Mick Wallace: Promontoria, owned by US funds giant Cerberus, is seeking repayment of a €2m loan to Wallace’s company M&J Wallace Ltd which it acquired from Ulster Bank. Photograph: Collins Courts

TD Mick Wallace said on Monday that US fund Cerberus wanted to “settle scores” with him for raising its controversial €1.6 billion Project Eagle deal(...)

Protest: tenants  take part in a march  organised by Tyrrelstown Tenants Action Group. Photograph: Eric Luke

One of the companies at the centre of the evictions row in Tyrrelstown is part of a group of firms used by private equity funds to hold assets and tak(...)

Some €2m is alleged to be due under a guarantee and indemnity dated March 30th, 2009, from Independent TD Mick Wallace, who was a director of M&J Wallace Ltd

The Commercial Court has fixed next month to hear an application for €2 million summary judgment orders against Independent TD Mick Wallace. The €2 (...)

‘Distressed’ property: Cerberus specialises in buying loans at heavy discounts secured against properties whose value has fallen dramatically. Photograph: Garry O’Neill

While it is not known yet whether US company Cerberus intends using the Republic as a base from which to manage the £13 billion (€18.5 billion(...)

Westport House: the estate’s gross value is just over €12m, according to probate documents

The owners of Westport House in Co Mayo say they are still “in the dark” about the estate’s future, following Government intervention to exclude it fr(...)

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