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 Post subject: Eviction stopped on €3m debt
PostPosted: Fri Sep 30, 2016 8:14 pm 
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Too Big to Fail

Joined: Nov 9, 2006
Posts: 4492
Location: South of the Border
My Dublin friends my explain who "well known Dublin Personality Vincent ODonoghue" is a sort of rich(er) mans David Hall ????


http://www.independent.ie/irish-news/co ... 93731.html


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 Post subject: Re: Residential Mortgage Arrears, Restructures and Repossess
PostPosted: Fri Sep 30, 2016 8:19 pm 
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Of Systemic Importance

Joined: Jun 9, 2008
Posts: 7059
Normality intervenes

Quote:
The planned eviction of a Kildare couple and their two children was postponed today following last-minute court intervention.

John and Dolores Quinn, of Woodside House, Dunnstown, Brannockstown were told at the High Court last week that they would be put out of their five-bedroom home after failing to pay a €3million bank debt.
However, in a statement to Independent.ie, a spokesman for the family said the eviction was postponed just one hour before it was due to happen.

The statement confirmed that Mr and Ms Quinn, directors of Jon Dol limited, and their two sons, were due to be evicted by the Naas County Sheriff Ms Eithne Coughlan at noon on Friday.
"But last minute legal intervention by way of a special sitting in front of (Ms.) Judge Sinead Ni Chulachain at 10.00am on Friday 30th September which concluded only an hour before the Sheriff indicated she was going to evict the Family and take possession of the Quinn family home.

"The family achieved getting a stay on the order until the matter comes before the Courts again for legal arguments in due course."
The statement said Mr Quinn was in Court with the assistance of "well known Dublin personality" Mr Vincent O’Donoghue, and assisted by "another well known Irish businessman".


http://www.independent.ie/irish-news/co ... 93731.html

Image

Never heard of the dude. Google to the rescue.

Quote:
Face of solicitor who fraudulently converted €44k of cheques to do 220 hours community service

A former Dublin solicitor who fraudulently converted cheques has been ordered to do 220 hours community service in lieu of a two-year prison sentence.

Vincent O’Donoghue (62) of Whitworth Road, Drumcondra was extradited from Australia last year (2013) after spending four years in custody fighting the extradition.
He pleaded guilty at Dublin Circuit Criminal Court to fraudulently converting cheques totalling IR£34,828 (€44,231) which were to be used as deposits on properties in Dublin and Belfast.


Image

http://www.independent.ie/irish-news/co ... 67970.html

WTFFF?

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 Post subject: Re: Eviction stopped on €3m debt
PostPosted: Fri Sep 30, 2016 9:18 pm 
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Under CAB Investigation

Joined: Dec 2, 2013
Posts: 2367
The question I'm asking myself is - how did a furniture seller in Naas think he should be living in a 2006 €3m house ?
Business Plan: Naas first, then.....the World


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 Post subject: Re: Residential Mortgage Arrears, Restructures and Repossess
PostPosted: Fri Sep 30, 2016 10:24 pm 
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Too Big to Fail

Joined: Apr 4, 2010
Posts: 4563
grumpy wrote:

Quote:
A former Dublin solicitor who fraudulently converted cheques has been ordered to do 220 hours community service in lieu of a two-year prison sentence.


WTFFF?


I never really understood the logic behind this practice.
Prison is a shitty place, a really shitty place. Washing off graffiti, sweeping dog muck off the streets, photocopying for a charity, helping people with literacy problems, or whatever else they impose as community service is substantially less unpleasant. If you're trading something degrading, career-destroying and often genuinely dangerous for something that's merely mildly humiliating and with which you can console yourself with the thought that it is actually useful (which prison almost always isn't), shouldn't you have to put up with more of it, rather than less as part of the bargain? :?

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Book I, Chapter X, Part II,


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 Post subject: Re: Eviction stopped on €3m debt
PostPosted: Fri Sep 30, 2016 11:26 pm 
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Joined: Feb 9, 2010
Posts: 9019
Has 'well-known personality' become a synonym for 'convicted criminal' while I was away?


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 Post subject: Re: Eviction stopped on €3m debt
PostPosted: Fri Sep 30, 2016 11:42 pm 
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Joined: May 3, 2007
Posts: 11942
Apropos the target property ( leaving aside the criminals involved in the defence)

http://www.thejournal.ie/john-dolores-q ... 7-Sep2016/

Quote:
The family live in a five-bedroom bungalow on about three-quarters of an acre outside Kilcullen. The property failed to sell at auction in February last.
Barrister Rudi Neuman, counsel for Bank of Ireland Mortgage Bank, told the court that the couple owed the bank just over €3 million and that the Co Kildare Sheriff would be executing a possession order next Friday.


So the Sheriff gets say €500k for the gaff, where is the other €2.5m coming from exactly???

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 Post subject: Re: Eviction stopped on €3m debt
PostPosted: Sat Oct 01, 2016 5:55 am 
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Under CAB Investigation

Joined: Feb 1, 2008
Posts: 2830
Location: God's Country
Barney Gumble wrote:
Has 'well-known personality' become a synonym for 'convicted criminal' while I was away?


Well spotted. While you were away, it got added to the Indo's list of must use terms and phrases.
Next to 'top doctor' and 'leading solicitor'


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 Post subject: Re: Eviction stopped on €3m debt
PostPosted: Sat Oct 01, 2016 5:57 am 
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Too Big to Fail

Joined: Sep 13, 2012
Posts: 4792
2Pack wrote:
So the Sheriff gets say €500k for the gaff, where is the other €2.5m coming from exactly???

BOI NIM, or everyone else who is paying a post-Tiger mortgage, depending how you look at it.

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 Post subject: Re: Eviction stopped on €3m debt
PostPosted: Sat Oct 01, 2016 8:53 am 
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Homeless

Joined: Aug 26, 2016
Posts: 15
2Pack wrote:
Apropos the target property ( leaving aside the criminals involved in the defence)

http://www.thejournal.ie/john-dolores-q ... 7-Sep2016/

Quote:
The family live in a five-bedroom bungalow on about three-quarters of an acre outside Kilcullen. The property failed to sell at auction in February last.
Barrister Rudi Neuman, counsel for Bank of Ireland Mortgage Bank, told the court that the couple owed the bank just over €3 million and that the Co Kildare Sheriff would be executing a possession order next Friday.


So the Sheriff gets say €500k for the gaff, where is the other €2.5m coming from exactly???


The house failed to sell at the February Allsop auction at 200k; not quite sure how it could have been used as security on a 2.8m loan


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 Post subject: Re: Eviction stopped on €3m debt
PostPosted: Sat Oct 01, 2016 8:58 am 
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Joined: Jan 4, 2013
Posts: 17017
Location: To the right of the decimal place
Perhaps people were "advised" not to bid on it?

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 Post subject: Re: Eviction stopped on €3m debt
PostPosted: Sat Oct 01, 2016 9:15 am 
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Nationalised

Joined: Oct 29, 2007
Posts: 11564
Location: Multiverse
Mantissa wrote:
Perhaps people were "advised" not to bid on it?



Nah, usually the deeds scream 'Avoid!'.


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