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 […]
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 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 […]
Homeless Charities and Homeowner Advocacy Groups Unite to Halt Vulture Funds
HALT AIB’S SALE OF IRISH HOMES….. So say a growing number of Advocacy Groups and Charitable Organisations who together, are calling on the Government, and all Political Parties, to demand that AIB, ULSTER BANK, PTSB, BOI and other bailed-out financial institutions, desist from facilitating the sale of any further Irish Homes to Vulture Funds. […]
IFA Launches Framework For Negotiations With Vulture Funds
IFA President Joe Healy today (Wed) announced the key principles the Association will apply in dealing with vulture funds in support of farmers with credit difficulties, as well as a strengthened farmer support network to deal with individual credit cases. The farm leader said that he wanted to send a strong and clear message that anybody […]
Rural Ireland must not become a carcass for US Vulture Funds
Independent TD Mattie McGrath has expressed his deep concern at reports that US based Cerberus Capital Management is set to ramp up repossessions of several hundred farms in rural Ireland. Deputy McGrath was speaking after the Irish Independent Farming Section broke the news that that as many as 200 farmers may be affected since the […]
Central Bank Comments On Vulture Funds Raise Serious Questions For Government – Matt Carthy MEP
Sinn Féin MEP Matt Carthy has said that comments made by Central Bank Deputy Governor Sharon Donnery raise serious questions about the government’s failure to regulate vulture funds and protect Irish borrowers. Carthy, a member of the Economic and Monetary Affairs Committee in the European Parliament, said: “Comments reported in the media made by Sharon […]
