Insolvency Journal Newsletter

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Friday August 20, 2010

McInerney could challenge Nama ban on writedowns

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Reports have emerged that troubled house builder McInerney Holdings is preparing an application for court protection which would force its lenders to write down its debts. If the petition goes ahead, it could represent a challenge to Nama legislation. Claire Hartnett looks at the implications of the case. Read more...

Property market bottoming out

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With house prices down 42% from their peak in 2006, it looks like the property market may finally have bottomed out, according to the Irish Auctioneers and Valuers Institute (IAVI). Read more...

SIMI seeking extension of car scrappage scheme

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The Irish motor industry is continuing to suffer, despite the huge success of the car scrappage scheme, writes Claire Hartnett. Read more...

Financial Regulator proposals protect indebted homeowners

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New proposals published by the Financial Regulator last week will make it tougher for lenders to seek repossessions and will strengthen the rights of mortgage holders in arrears . Read more...

Wilsons Auctions

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Complete Remarketing Facility

Providing the complete remarketing facility to the majority of insolvency practitioners across the province and having worked on over 300 cases in the last 18 months alone we are highly experienced in the Valuation and Disposal of any asset.

Call 01 464 2800 or email insolvency@wilsonsauctions.com for advice on the service we can provide for you.