Dunne's day of reckoning as Nama set to go to High Court

A day of personal financial reckoning now approaches for property developer Sean Dunne after the National Asset Management Agency (Nama) decided to seek summary judgment against him in the High Cour

8th January, 2012
Dunne's day of reckoning as Nama set to go to High Court
Sean Dunne pictured in 2008. Photo: Derek Speirs

A day of personal financial reckoning now approaches for property developer Sean Dunne after the National Asset Management Agency (Nama) decided to seek summary judgment against him in the High Court this week. Dunne, whose companies have borrowed over €760 million from banks, used different lenders for different deals, and in some cases used more than one lender.

This has complicated the situation for Nama, which appointed a receiver to several of his assets last...

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