PropertyEU

Irish developer wins legal battle with NAMA over loans

By A staff reporter 2011-02-03T00:00:00

Irish developer Paddy McKillen has won a legal challenge to stop the country's bad bank structure, National Asset Management Agency (NAMA), taking control of EUR 2.1 bn in loans, Irish media reported on Thursday. The Supreme Court overturned an earlier ruling that NAMA could acquire the loans owed by the ...

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