Nama takes legal action on Dunne Stateside

Agency aims to enforce its security in €17 million south Dublin estate; Woodtown Manor earmarked for a hotel and conference centre during boom

Sean Dunne

Nama has begun legal moves in the US against bankrupt developer Sean Dunne to try to enforce its security in a south Dublin property valued at €17 million.

Dunne bought Woodtown Manor in Rathfarnham in the late 1990s from Guinness heir Garech Browne who lived at the Georgian residence before he moved to the Luggala estate in Co Wicklow which was sold earlier this year for €28 million.

Boomtime plans to turn the ...