Wednesday June 3, 2020

Scaffolding tycoon Michael Breslin insists Nama must sue him in New York

Breslin gave a personal guarantee to Anglo in connection with loans of €22 million

29th November, 2015
David Drumm

Scaffolding tycoon and David Drumm associate Michael Breslin is trying to ward off a potential €9 million judgment against him by claiming a Nama company must sue him in New York.

National Asset Loan Management is seeking judgment in the Commercial Court against the Meath-born businessman on foot of a personal guarantee he gave in connection with Anglo Irish Bank loans of €22 million to Cavan firm Car Park Solutions Ltd.

Breslin, who is domiciled...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 1 month ago

Oil storage in the self-styled ‘Pipeline Crossroads of the World’ is full to the brim, but the black stuff keeps on coming. With much of the world’s economy in a Covid-19 slowdown, at one point last week, benchmark US crude oil was priced at minus $37.63 a barrel

Barry J Whyte | 1 month ago

Every time Donald Trump spoke on the Covid-19 crisis last week, the stock markets plunged by another point

Marion McKeone | 2 months ago