Callely’s debts called in by loan buyer

A motion for summary judgment is being sought in the High Court by Everyday Finance against Callely and his former wife, Jennifer, seeking payment of outstanding loans understood to relate to properties refinanced with AIB over a decade ago

18th August, 2019
Ivor Callely: the former Fianna Fáil TD is facing a calling-in of debts relating to investment properties Pic: Courtpix

Former Fianna Fail TD and senator Ivor Callely is facing a calling-in of debts following their sale to a distressed-loan buyer.

A motion for summary judgment is being sought in the High Court by Everyday Finance against Callely and his former wife, Jennifer, seeking payment of outstanding loans understood to relate to properties refinanced with AIB over a decade ago.

Everyday Finance worked with ‘vulture’ fund Cerberus to acquire €1 billion of non-performing property debt...

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