Courts / Galway / Report
Promontoria seeks €13.5m summary judgement against Galway man
Summary
Promontoria Arrow Ltd has applied for summary judgement of €13.5 million against Galway property owner Martin Tolan, following an alleged failure to repay loans originally provided by Anglo Irish Bank in 2007. The loans were later acquired by National Asset Loan Management Ltd and then by Promontoria in 2015, which called in the debt. Promontoria claims Tolan has no defence and that settlement talks failed. The application was admitted to the fast‑track Commercial Court list by Justice Brian McGovern, with no objections, and the case was adjourned for two weeks.
Who, what, where, when and why
What: Report matter: Promontoria seeks €13.5m summary judgement against Galway man. Charges or matters: failure to repay loans. Procedural stage: hearing_or_decision
When:
- 2018-01-29 Publication
Case subjects
Respondent
Charges: failure to repay loans (Alleged Or Contested)
Outcome: adjourned for two weeks
Places mentioned
Topics
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