Saturday April 4, 2020

Bank takes control of property schemes

Bank of Scotland (Ireland) has taken control of two property schemes in an attempt to secure more than €6 million it had advanced to the company behind the projects.

13th September, 2008

Bank of Scotland (Ireland) has taken control of two property schemes in an attempt to secure more than €6 million it had advanced to the company behind the projects.

The bank has installed a receiver over the assets of Fergus Haynes (Developments).

Bank of Scotland (Ireland) took possession of the sites in Co Donegal last week, just days after the High Court rejected a petition by the firm’s directors for it to be placed into...

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