Pearse Doherty TD to speak in Tipperary on Evictions and Vulture Funds

Pearse Doherty TD will be in Cashel on Thursday as a special guest speaker at Sinn Féin’s public meeting on evictions and vulture funds. The event will be taking place at 7:30pm on Thursday 28 March at Halla na Feile in Cashel. Speaking on the event, Sinn Féin candidate Ciara McCormack stated that the public […]

Vulture Funds And State Aid In Ireland – A Prima Facie Case?

Ed Honohan, Master of the high court, visited me today in the European Parliament to talk about vulture funds and building a case with DG competition on how these funds have an unfair competitive advantage on others. pic.twitter.com/FkehgeUk3S — Luke ‘Ming’ Flanagan (@lukeming) March 19, 2019 Yesterday morning in the European Parliament, by invitation of […]

Bad day for vulture funds

Sinn Fein’s Ciara McCormack, general election candidate for Tipperary and local election candidate for the Thurles LEA along with Nenagh LEA party rep Damien O’ Donoghue have both welcomed the passing of the ‘No consent, no sale’ bill in the Dáil last week. This bill will force banks seek the permission of the borrower before […]

Healy Introduces Emergency Housing Bill 2018

On Thursday last, Deputy Seamus Healy introduced the Housing Emergency Measures in the Pubic Interest Bill (HEMPI) 2018 to Dáil Éireann. This Bill seeks to declare formally the housing and homelessness crisis a national emergency. The Bill provides for the delimiting of the rights of landlords, banks and finance houses, including vulture funds, in order […]

Vulture Funds Preying on Farm Families – IFA

Addressing the Joint Oireachtas Committee on Finance today, IFA President Joe Healy accused vulture funds of killing off farm businesses that have the potential to repay their debts over time and return to viability.    He said this short-term debt recovery approach is damaging as the repayment capacity of the business is not considered. This […]

IFA welcome removal of land in Co Meath from Online Auction Site

IFA has welcomed the decision by online auction house BidX1 to remove two parcels of land in Co Meath from their sales site.   These lands belonging to the McCann family are being forcibly sold by vulture fund Promontoria.   Last week, IFA placed signs on the lands objecting to their forced sale and said […]

IFA Opposes Land Sale In Co. Meath By Vulture Funds

The Irish Farmers Association is opposing the forced sale of lands in Co Meath by vulture fund Promontoria, which is trying to force a family to sell some of their land to settle debts.   The land is due to be sold by online auction in the coming weeks.  IFA Farm Business Chairman Martin Stapleton […]

IFA Ramps Up Campaign Against Forced Farm Sales By Vulture Funds

The Irish Farmers Association has announced a significant escalation in its campaign against vulture funds trying to force farm families to sell their farms to settle debts.   At a briefing in Dublin today (Wed), IFA President Joe Healy said IFA would oppose any forced sale of farms by vulture funds where the farmer is […]

AIB’s Profit Built On Sweat Of Taxpayers – Mattie McGrath

Independent TD Mattie McGrath has called on AIB and Bank of Ireland to offer greater assurances to distressed mortgage holders that they will not be abandoned to vulture funds as part of the bank’s efforts to address challenges within their loan book portfolios. Deputy McGrath was speaking as AIB reported profits of €1.6 billion while […]

Taoiseach telling families to calm down is an insulting reply to PTSB mortgage crisis – Mattie McGrath TD

Independent TD Mattie McGrath has called on the Taoiseach, Leo Varadkar, to provide significantly more robust guarantees for the protection of families that are likely to be affected by the Permanent TSB mortgage crisis. Deputy McGrath was speaking after the Taoiseach attempted during Leaders Questions to insist that concerns were being exaggerated around the possible […]

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