Home Knowledge Ezine – Distressed Assets Update – June 2012

Ezine - Distressed Assets Update - June 2012

June 7, 2012

As the Irish banks continue the disposal of their non-core assets, we provide an update on recent developments of note. We also report on the latest significant developments at the National Asset Management Agency (“NAMA”), including its proposals to invest in the Irish property market and the court challenge to its right to appoint receivers mounted by one of its largest borrowers. We also provide an update on some recent developments in the hotel sector and on the Irish Government’s state owned assets disposal plan.