Courts / Clare / Report

€500k judgement registered against Sharon Shannon and manager

Date
2015-01-27
Stage
Hearing Or Decision
Primary locality
Shannon
County
Clare

Summary

In a High Court proceeding, world‑renowned musician Sharon Shannon and her manager John Dunford consented to a judgement of €520,057 against them. Permanent TSB had lent the pair €402,000 in November 2006 under an Endowment Residential Business Loan, to be repaid in monthly instalments of just over €1,650 over 20 years. In June 2010 the bank noted two missed repayments, after which the entire balance became due. By 2012 the bank demanded full repayment, claiming the defendants had failed to pay back the principal plus interest. The Master of the High Court, Edmund Honohan, accepted the consent and placed a six‑month stay on execution of the judgement order, which the parties had agreed to. The case remains at the judgement stage.

Who, what, where, when and why

What: Report matter: €500k judgement registered against Sharon Shannon and manager. Procedural stage: hearing_or_decision

When:

Places mentioned

Secondary Mention
Court Venue
  • High Court

Topics

Stage Hearing Or Decision

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