Monday, August 23, 2010

Hotelier starts court action against Anglo Irish Bank’s receivership

Businessman Hugh O’Regan has begun legal proceedings against Anglo Irish Bank, which has appointed a receiver over a number of his assets, including the Morrison Hotel.

The hotelier lodged the High Court action against the bank in recent weeks after it obtained a €37.4 million judgment against him. O’Regan is taking the case in his own name, and not through any company.

O’Regan has not yet filed any documents outlining his grievance or the cause of the action.

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