Banking inquiry evidence blocked in damages case

Davy claims it was wrongfully coerced by Ulster Bank

28th February, 2016
Davy investment company has case against Ulster Bank

A Davy investment company has been blocked by the High Court from relying on evidence given to the banking inquiry in an upcoming damages action against Ulster Bank.

European Property Fund is suing over claims that it was wrongfully coerced and intimidated by the bank into selling two London properties in 2011 and 2012.

Facilities amounting to £79 million were extended by Ulster Bank to the company in 2008 to finance the acquisition of the Old Jewry...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Pascal Lamy: As America turns the page, the EU must sharpen its climate innovation edge

Colin Murphy: Ireland was abusing its unwed mothers even before there was Church and state collusion

Wayne Neilon: Piecemeal approach will not save Ireland‘s céad míle fáilte

Off Message: Flighty influencers have gone too far this time