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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