Welcome to the November issue of our distressed assets e-zine. This month we report on the current state of the law on mortgage repossessions following a recent court case which has given potential buyers of Irish loan portfolios much to ponder. We have an update on the proposed legislation to overturn upward only rent reviews in pre-2010 commercial leases. In our News section, we focus on the National Asset Management Agency (NAMA), in particular on its proposals for debt stapling/vendor financing and its plans to sell loan portfolios. An update on the Irish Government’s plans to privatise and sell off certain State assets is also provided.
We hope you find this edition of our Distressed Assets e-zine informative. For further information, please contact our Distressed Assets Group.
To view the articles, please click on the relevant link below:
- What is Happening with Upward Only Rent Reviews?
- Repossession of Property in Loan Default
- NAMA to Provide Debt Stapling/Vendor Financing to Purchasers
- NAMA Tenders for Loan Sale Advisors & Considers New Sales Model
- Update on NAMA’s Assets List
- Sale and Privatisation of State Assets
- Anglo Delays Disposal of UK and Irish Loan Books
