Everyday succeeds in High Court motion on Lavelle loans
Galway-based Everyday Finance has succeeded in a High Court motion to be named the first claimant in a case related to security that was used by financier Peter Lavelle to raise loans from Anglo Irish Bank. The move was objected to by Capita, which is the trustee of a trust whose original beneficiaries were Mr Lavelle, his wife and children. In 2019, Everyday – which is owned by London-based Link Financial – acquired loans for which Mr Lavelle had provided interests in shopping malls in Bulgaria and Poland as security. Everyday acquired them from another firm called Stapleford Finance. Mr...
Source: independent.ie