Board index » The IRISH PROPERTY BUBBLE » NAMAwatch (Pt. I)

Post new topic Reply to topic  [ 286 posts ]  [Go to page]   Previous  1 ... 10, 11, 12, 13, 14, 15, 16 ... 20  Next
Author Message
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Sun Jan 12, 2014 3:40 pm 
Offline
Nationalised
User avatar

Joined: Jul 26, 2009
Posts: 14892
Bankrupt property developer Sean Dunne has applied to the American immigration authorities for a green card as he seeks to reside permanently in the United States.. Ian Kehoe reports in the SBPost


Sean Dunne has applied for green card to stay in US indefinitely -> http://www.independent.ie/irish-news/se ... 10024.html


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Mon Jan 13, 2014 9:40 pm 
Offline
Nationalised
User avatar

Joined: Jul 26, 2009
Posts: 14892
Ex-Nama exec targets Dunne's former assets - RONALD QUINLAN -> http://www.independent.ie/business/exna ... 89099.html

Quote:
A former senior Nama executive who had direct responsibility for managing Sean Dunne's business with the agency has revealed that he is now considering buying up the assets of the one-time 'Baron of Ballsbridge' and other Nama developers.
Kevin Nowlan said his property investment fund Hibernia REIT (Real Estate Investment Trust) had already been looking at buildings which had been owned by Mr Dunne in Ballsbridge and Dublin's docklands, as well as a loan book with a face value of €300m built up by developer Sean Reilly, which comprises prime office blocks in Dublin 2 and Dublin 4.

However, the former Nama portfolio manager insisted his previous employment with the State's 'bad bank' did not give him a competitive advantage.

there is more


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Sat Jan 18, 2014 11:36 pm 
Offline
Too Big to Fail

Joined: Nov 9, 2006
Posts: 4492
Location: South of the Border
From Twitter
Frank Fitzgibbon ‏@FrankSunTimes 17m

SunTimesNews: It's taken a while but DPP and gardai are finalising strategy to extradite David Drumm from US, writes @JohnMooneyST


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Sat Mar 01, 2014 8:45 pm 
Offline
Nationalised
User avatar

Joined: Jul 26, 2009
Posts: 14892
Dunne gifted wife €60m for house - Orlaith Farrell -> http://www.herald.ie/news/dunne-gifted- ... 52737.html

Quote:
Broke developer Sean Dunne gave wife Gayle Killilea almost €60m in cash in 2005 to buy Ireland's most expensive house, he told US bankruptcy proceedings.

there is more


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Sun Mar 02, 2014 9:46 am 
Offline
Old Time Landlord

Joined: Nov 30, 2008
Posts: 392
lots of coverage in the Times and Indo
http://www.irishtimes.com/news/world/us ... -1.1708874
http://www.independent.ie/irish-news/co ... 52970.html

Amidst all the ridiculousness the quote that jumps out at me is this one:
"he said he was so wealthy in December 2008 that Ulster Bank released a loan charge over an asset to “let me do what I want with it – I could have bought a horse with it or went to Las Vegas with it""
I really hope he got his years mixed up - or else what on earth were Ulster Bank doing?


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Wed Mar 19, 2014 7:07 pm 
Offline
Nationalised

Joined: Sep 29, 2010
Posts: 8588
Location: London, innit
http://www.irishtimes.com/news/crime-an ... -1.1731099

Quote:
Dunne denies valuable art hidden behind ‘secret panel’
Developer doesn’t want to come to Ireland to give evidence because of expense involved
...
In an affidavit sworn in Paris last weekend, Mr Dunne denies claims by Mr Lehane that several pieces of artwork had already been removed from Churchfield and there were plans to transport more to the US.



was there something on in Paris last weekend?


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Wed Mar 19, 2014 7:31 pm 
Offline
Of Systemic Importance

Joined: Aug 4, 2007
Posts: 5293
Location: Ahernistan
slasher wrote:
http://www.irishtimes.com/news/crime-and-law/courts/dunne-denies-valuable-art-hidden-behind-secret-panel-1.1731099

Quote:
Dunne denies valuable art hidden behind ‘secret panel’
Developer doesn’t want to come to Ireland to give evidence because of expense involved
...
In an affidavit sworn in Paris last weekend, Mr Dunne denies claims by Mr Lehane that several pieces of artwork had already been removed from Churchfield and there were plans to transport more to the US.



was there something on in Paris last weekend?


I think it there was a competition for the Worlds biggest perjuring bastard award .... oh, & the rugby of course. Not sure which Sean, & the Fragrant, & very wealthy Gayle were attending :x

_________________
"Mr Kelly said Ireland’s “reputational capital” had been damaged by “chancers” such as ex-Anglo Irish Bank chairman Seán FitzPatrick, who had been abetted by “buffoons” such as former financial regulator Patrick Neary, Minister for Finance Brian Lenihan and the Taoiseach." - Irish Times 13th Jan 2009

"If you can't be a good example, then you'll just have to be a horrible warning." (Catherine Aird)


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Wed Mar 26, 2014 12:59 pm 
Offline
Single Home Owner

Joined: Feb 13, 2013
Posts: 154
Location: Dublin
http://www.irishtimes.com/news/world/us/dunne-told-us-hearing-his-companies-sold-some-4-000-properties-in-ireland-1.1737901

:sick:


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Mon Apr 07, 2014 10:01 am 
Offline
Single Home Owner

Joined: Feb 13, 2013
Posts: 154
Location: Dublin
http://www.irishtimes.com/business/sect ... -1.1752314


Ahh poor guy, can't make enough profit from his development in New York......


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Sun Apr 13, 2014 8:13 am 
Offline
Nationalised
User avatar

Joined: Jul 26, 2009
Posts: 14892
Slim pickings in bankruptcy swoop on Sean Dunne's K Club pad - -> http://www.independent.ie/business/iris ... 17308.html

Quote:
While none of those paintings is especially valuable, their content gives an intriguing insight into the lives of their owners in the Celtic Tiger years.

From Carroll's depiction of the Shelbourne Hotel's Horse Shoe Bar, so beloved of Dublin's great and good, to Byrne's portrait of Sean Dunne's longstanding friend and banker, former Irish Nationwide chief executive Michael Fingleton; to Donnelly's image of the Christina O, where the Dunnes celebrated their €1.5m wedding nuptials in 2004, the K Club cache provides a snapshot of the rarefied world the couple once occupied.

The official assignee has been seeking to determine the ownership and value of the items and documents since seizing them from the house four months ago. The Sunday Independent understands from a source familiar with the matter, however, that none of the art is especially valuable and much of it is owned by either Gayle Killilea or Sean Dunne's adult sons, John and Steven.

there is more


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Wed May 21, 2014 1:16 am 
Offline
Nationalised
User avatar

Joined: May 3, 2007
Posts: 11946
The yanks are getting sick of Dunne and Killileas nonsense, especially Killileas explanation of how she suddenly became independently wealthy all of a sudden. :)

Quote:
Asking the court for a third time in less than a year to make an order compelling Mr Dunne to hand over information, the trustee said the developer has failed to produce any documents relating to Swiss family law proceedings taken by his wife that form the foundation of a transfer of €44 million to her.


http://www.irishtimes.com/news/world/us ... -1.1803034

Probably because those "proceedings" were pulled out of Dunnes arse I should think. :)

Quote:
He accused the Co Carlow developer of “directly violating the court’s orders” and asked the court to hold him in contempt of two orders, in July and October 2013, for attempting to thwart disclosure.

Mr Coan listed six items that had not been disclosed, including a list of transfers in excess of $5,000 in the five years before he filed for bankruptcy and a statement concerning the March 2013 sale of Walford, which he bought in trust for his wife for €58 million in 2006.


Locking the pair of them up for contempt would be a good start, no rush to release them or anything.

_________________
SEO Ireland. SEO Dublin.


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Sat May 24, 2014 10:13 am 
Offline
Of Systemic Importance

Joined: Dec 28, 2006
Posts: 5579
http://www.irishtimes.com/business/sect ... -1.1807232

Gayle is going to be asked a few questions.


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Sat May 24, 2014 10:21 am 
Offline
Nationalised
User avatar

Joined: Jan 4, 2013
Posts: 17312
Location: To the right of the decimal place
dipole wrote:
http://www.irishtimes.com/business/sectors/commercial-property/gayle-killilea-faces-questions-in-dunne-bankruptcy-case-1.1807232

Gayle is going to be asked a few questions.


I'm sure she'll be exceedingly well-advised but it will be interesting to see whether she sticks up for Dunne or throws him under the bus.

_________________
— Try, fail, understand, win. —


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Sat May 24, 2014 12:41 pm 
Offline
Nationalised
User avatar

Joined: Apr 1, 2010
Posts: 10348
All she has to do is have the same grasp of history as the hubby ... or David Drumm for that matter. You know, the sort that makes Pat Neary look like Mr. Memory.


_________________
"Prediction is very difficult, especially about the future" – Niels Bohr


Top
 Profile  
 
 Post subject: Re: Dunne ducks out of D4 and heads west
PostPosted: Tue Jul 08, 2014 2:01 am 
Offline
Nationalised
User avatar

Joined: May 3, 2007
Posts: 11946
dipole wrote:
http://www.irishtimes.com/business/sectors/commercial-property/gayle-killilea-faces-questions-in-dunne-bankruptcy-case-1.1807232

Gayle is going to be asked a few questions.


http://www.irishtimes.com/business/sect ... -1.1858488

Quote:
The official overseeing Seán Dunne’s US bankruptcy has asked a Connecticut court to exclude the public from the hearing of an application tomorrow to discuss private family law proceedings involving the property developer.


'Steps' are being taken to ensure that she can perform fragrantly...as one wife was notably described by the beak when giving evidence on behalf of her husband.

Quote:
Mr Dunne, who filed for bankruptcy in the US in March last year, has said that the debt arose from a family law case taken against him by Ms Killilea Dunne in Switzerland in 2010 over his failure to honour an agreement to give her €100 million five years earlier, a fifth of his fortune at that time, in return for “love and affection”.


He no more promised that bint €100m in 2005 than my dog did. Of course by 2010 he was desperate for any wheeze to protect his last €10 or €20m and concocted this swiss/irish family law double privacy lock bollox...and then promptly fecked off to the states. :)

_________________
SEO Ireland. SEO Dublin.


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 286 posts ]  [Go to page]   Previous  1 ... 10, 11, 12, 13, 14, 15, 16 ... 20  Next

    Board index » The IRISH PROPERTY BUBBLE » NAMAwatch (Pt. I)

Who is online

Users browsing this forum: No registered users and 1 guest


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Jump to:  

Follow, Retweet @dailypinster



Pyramid Built, Is Better Built! - Latest Property Discussions www.thepropertypin.com