On the corner of a busy crossroads in the Dublin suburb of Ballyfermot, a small commercial building has been home to charity shops, a hair salon and an evangelical church. According to a judgement delivered by Court of Appeal Judge Máire Whelan on October 27, Roderic and Cormac O’Beirne, described as chartered surveyors who “are engaged in business as property investors and managers,” mortgaged the property with Bank of Scotland Ireland (BOSI) in 2003. They borrowed €630,000 at the time. Originally for a term of three years, the loan was extended several times until the 2013 period, when the bank…
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