Courts / Dublin / Report

Fund seeks €1.2m judgement against Gay Byrne and family

Date
2017-11-06
Stage
Hearing Or Decision
Primary locality
Dublin
County
Dublin

Summary

A financial fund, Feniton Property Finance DAC, has brought a case in the Commercial Court seeking a judgment of €1.226 million against a partnership that includes broadcaster Gay Byrne, his wife Kathleen, and their two daughters, Susan and Crona Byrne. The fund acquired a €1 million loan from Bank of Scotland (Ireland) in 2007, which was intended to finance the partnership's investment in the Quinlan Private CERDII Fund. The loan was for six years and expired in 2013. In November 2015 the fund purchased the loan from BOSI. The fund alleges that the partnership failed to repay the loan and, after a demand in April, has not satisfied the outstanding amount. The case was admitted to the fast‑track Commercial Court list by Mr Justice Brian McGovern and is scheduled to return before the High Court in January.

Who, what, where, when and why

What: Report matter: Fund seeks €1.2m judgement against Gay Byrne and family. Procedural stage: hearing_or_decision

When:

Places mentioned

Residence
  • Shrewsbury Square
  • Sandymount Avenue
  • Dublin
Court Venue
  • High Court

Topics

Stage Hearing Or Decision

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