Nama seeks judgement orders against Galway couple
Galway Bay fm newsroom - Nama is looking for judgment orders against Galway hotelier and developer Michael Finn and his wife Claire.
The National Asset Management Agency is pursuing the couple for 108 million euro.NAMA claims Galway developer Michael Finn and his wife Claire have not been using the funds available to them to reduce their liabilities.The agency alleges the couple have invested over half a million euro in a car business and that they have transferred shares in their family home to their children.Nama is seeking a judgment order for 108 milion euro in the Commercial Court in connection with loans it took over from AIB and Anglo Irish Bank in 2010.It's appointed receivers to various companies controlled by Michael Finn who has connections to developments including the House Hotel and Spanish Arch Hotel in Galway.