ICS loans had been transferred to the bank in 2014 under the Central Bank Act. When applying for costs after Judge Linnane had made an order for possession in favour of the bank, Mr Keys said “not one inch has been given” by the Blancs. Mr Keys said he was not sure if Mr Maher was aware of the significance of his statement considering that the significant default was not in dispute. She said it was the default in repayments which entitled the bank to enforce its security by seeking possession of the Foxrock property. The banks papers were in order and it was entitled to an order for possession with costs.

Source: The Irish Times April 12, 2019 13:41 UTC