Picking up the pieces after the property bubble burst
Following a deal gone sour, Tom Darcy won back possession of his property after a legal fight with AIB, writes Philip Connolly.
It is a typical Celtic Tiger story. Tom Darcy, a former taxi driver turned property developer, gambled on a property play in Howth and lost.
For the past four years, Darcy has fought against financial ruin, as his bank called in his debt. Lacking the cash to pay significant legal bills, Darcy fought in court as a layman, representing himself against AIB. For a long time it looked to be a losing battle. Two weeks...
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