CarVal unit takes debt action against Parallel Films

Parallel is the production house behind dramas Albert Nobbs, Breakfast on Pluto and Triage

20th November, 2016
The Judicial Appointments Commission Bill is on course to cross the line with two key provisions intact Pic:

A subsidiary of US private equity firm CarVal has issued debt proceedings against Parallel Films, the production house behind dramas Albert Nobbs, Breakfast on Pluto and Triage.

It was one of a dozen summary summons issued by vulture funds in the past week, as part of a ramping up of debt recovery actions.

CarVal vehicles Launceston Property Finance, Feniton Property Finance and Gulland Property Finance bought tranches of toxic loans from the former Anglo Irish...

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