Weekly Judgment Roundup 14 June 2013


There were 110 cash strapped Irish debtors pursued in the courts this week for unpaid debts totalling €6.5m. This represents a 19% decrease in volume and a 30% increase in overall judgment value for the same period last year.

Nearly 80% of the judgments were against Irish consumers and 20% against businesses or limited companies.

The average debt value was €58,000 and the highest value was for €3.7m awarded in favour of Bank of Scotland.

Credit Unions registered 15 judgments for unpaid debts of €183,000; a 68% increase in the value of bad debts owed to CU for same period last year and a 36% increase in the number of judgments registered by the CU’s.  Nearly half of these judgments were partially paid by their members. This may support the anecdotal evidence out there that debtors are prioritising unsecured debts over secured debts.

The Collector General obtained judgments in 37 cases, a 29% increase on same period last year. Overall, the total amount of unpaid debts owed to the Revenue exceeded €1.6m, a 25% increase for same period last year.

Two Wexford “Architects” were held jointly and severally liable for a debt of €175,000 owed to the Revenue; and a Carlow Publican was also sued by the Revenue for €68,000.

Top Judgments Registered

11.11.2020

Urban Green Private Limited
Address: R/o Atkins Hall, River Towers, Lee Road, Cork
Amount: €734,547.90

10.11.2020

Thomas O'Brien
Address: Castlegrace, Clogheen, County Tipperary
Amount: €93,749.13

10.11.2020

Margaret O'Brien
Address: Castlegrace, Clogheen, County Tipperary
Amount: €87,979.01

06.11.2020

Sean Browne
Address: 24 Woodlands Avenue, Arklow, Co Wicklow
Amount: €38,094.60

Limited Company Notices

18.11.2020

ESERAM MEDICAL LIMITED
Resolved 17 November 2020 that the above named com...
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18.11.2020

NIPPON RELAXATION COMPANY LIMITED
Resolved 17 November 2020 that the above named com...
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18.11.2020

PEONIEMILL LIMITED
Resolved 24/12/20 that the above named company be ...
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18.11.2020

RE FINANCING HOLDCO LIMITED
Resolved 24/12/20 that the above named company be ...
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