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Owe Anglo 100 million? No problem. Be a NAMA solicitor!


DCon

Well-known member
Joined
May 5, 2009
Messages
5,901
LIMERICK solicitors Dermot G O’Donovan, three of whose partners are directors of the Fordmount Group, now in receivership, have been appointed by NAMA to provide legal services.

Fordmount is believed to owe in excess of €100m to Anglo Irish Bank.

One of the partners, Adrian Frawley, was appointed managing director of Fordmount following the departure of accountant Michael Daly, who is said to be the majority shareholder of the Fordmount Group.

Other shareholders in the Fordmount Group include the firm’s other partners Dermot G. O’Donovan, Michael Sherry and ex-partner Tommy Dalton, who has left the firm.
In 2005 Fordmount Property Group gave a political donation of €1,750 to Minister Willie O’Dea.
Fordmount directors are NAMA solicitors
 


eire_sai

Member
Joined
Apr 26, 2009
Messages
34
Nothing that happens in this failed state surprises me anymore.

I will be gone soon and im looking forward to getting out of here.
 

yehbut_nobut

Well-known member
Joined
Aug 16, 2007
Messages
523
It just gets better and better:

Another local firm of solicitors who have been appointed for the provision of legal services in connection with the acquisition of bank assets is Holmes O’Malley Sexton.

Minister of State Peter Power was once junior partner with Holmes O’Malley Sexton, and they also represent former Ceann Comhairle John O’Donoghue.
 

Half Nelson

Well-known member
Joined
Dec 12, 2009
Messages
21,691
This should give the Opposition a cannon ball.

I'm betting they drop it on their foot.
 

Anorakphobia

Well-known member
Joined
Apr 13, 2007
Messages
911
"We are where we are, no one could have foreseen this coming"

No surprise to see Dillie O' Dee wetting his beak with a nice "political donation" from the lads.
 
Last edited:

MsAnneThrope

Well-known member
Joined
Apr 8, 2009
Messages
1,812
Here is the full list of the firms that won contracts to provide legal services to NAMA. Any other possible 'conflicts of interest'?

Contract Award for appointment to a panel for the provision of legal services to NAMA

(click the 'Full Notice Text' tab after opening the above link)

"Name and Address of successful supplier, contractor or service provider" (in alphabetical order):

  1. Alfred Thornton & Company Solicitors (Dublin)
  2. Andrew Crean-Lynch Solicitors (Dublin)
  3. Arthur Cox (Dublin)
  4. Babington Croasdaile Solicitors (Derry)
  5. BCM Hanley Wallace Solicitors (Dublin)
  6. Beauchamps Solicitors (Dublin)
  7. Brian O'Donnell & Partners Solicitors (Dublin)
  8. Callan Tansey Solicitors (Roscommon)
  9. Cathal N Young O'Reilly & Co Solicitors (Dublin)
  10. Comyn Kelleher Tobin Solicitors (Cork)
  11. Dermot G O'Donovan Solicitors (Limerick)
  12. Dillon Eustace (Dublin)
  13. Donnegans Solicitors (Cork)
  14. Eugene F Collins (Dublin)
  15. Eversheds O'Donnell Sweeney (Dublin)
  16. Fitzgerald Solicitors (Cork)
  17. G & D Walsh Solicitors (Dublin)
  18. Gallenalliance (Dublin)
  19. Gartlan Furey Solicitors (Dublin)
  20. Gore & Grimes Solicitors (Dublin)
  21. Hayes Solicitors (Dublin)
  22. Hegarty & Armstrong Solicitors (Sligo)
  23. Holmes O'Malley Sexton Solicitors (Limerick)
  24. Ivor Fitzpatrick & Company Solicitors (Dublin)
  25. James Riordan & Partners (Cork)
  26. KaneTuohy (Dublin)
  27. Kilfeather & Co. (Galway)
  28. Lavelle Coleman (Dublin)
  29. Lavery Kirby Gilmartin Solicitors (Dublin)
  30. Lennon Heather Solicitors (Dublin)
  31. Lewis C Doyle (Galway)
  32. Liston & Co. (Dublin)
  33. LK Shields Solicitors (Dublin)
  34. Maples & Calder (Dublin)
  35. Mason Hayes & Curran (Dublin)
  36. Matheson Ormsby Prentice (Dublin)
  37. McDowell Purcell Solicitors (Dublin)
  38. McGuire Desmond Solicitors (Cork)
  39. McKeever Taylor (Louth)
  40. Michael Houlihan & Partners (Clare)
  41. Murphy Mac Namara & Co. (Cork)
  42. Murray Flynn Maguire (Dublin)
  43. MW Keller & Son Solicitors (Waterford)
  44. Nolan Farrell & Goff (Waterford)
  45. O'Flynn Exhams Solicitors (Cork)
  46. O'Rourke Reid Lawfirm (Dublin)
  47. Orpen Franks Solicitors (Dublin)
  48. O'Sullivan Barnicle (Dublin)
  49. O'Sullivan & Associates Solicitors (Dublin)
  50. O'Sullivan Partners (Dublin)
  51. P J O'Driscoll & Sons (South Mall, Cork)
  52. P J O'Driscoll & Solicitors (Bandon, Co. Cork)
  53. P O'Connor & Son Solicitors (Mayo)
  54. Richard Black Solicitors (Dublin)
  55. Ronan Daly Jermyn (Cork)
  56. Sheehan & Company (Dublin)
  57. Smith Foy & Partners (Dublin)
  58. Stephen MacKenzie & Company (Dublin)
  59. Stone Solicitors (Wexford)
  60. Sweeney McGann (Limerick)
  61. T P Robinson Solicitors (Dublin)
  62. V P Shields Solicitors (Galway)
  63. Vincent & Beatty Solicitors (Dublin)
  64. Whitney Moore (Dublin)
  65. William Fry (Dublin)
 

sauntersplash

Well-known member
Joined
Feb 3, 2009
Messages
3,464
:lol:

Voice Over: and caption: 'THERE NOW FOLLOWS AN APPEAL ON BEHALF OF EXTREMELY RICH PEOPLE WHO HAVE ABSOLUTELY NOTHING WRONG WITH THEM'

Sir Pratt: (at a large leather-topped desk with an elaborate table lamp) Hello. I'd like to talk to you tonight about a minority group of people who have no mental or physical handicaps and, who, through no fault of their own, have never been deprived, and consequently are forced to live in conditions of extreme luxury. This often ignored minority, is very rarely brought to the attention of the general public. The average man in the street scarcely gives a second thought to these extremely well-off people. He, quite simply, fails to appreciate the pressures vast quantities of money just do not bring. Have you at home, ever had to cope with this problem... (cut to a rich young yachting type surrounded by girls in bikinis) or this... (cut to a rich woman loading her chauffeur with all kinds of expensive parcels) or even this... (cut to a still of Centre Point) I know it's only human to say, 'Oh this will never happen to me', and of course, it won't...


...Sinne Firnna Fáil
A tá fé gheall ag Éirinn......
 

Verhofstadt

Well-known member
Joined
Jun 7, 2007
Messages
6,165
Website
********************
Christ.. yet again you think you cannot be shocked they come up and bite you on the arse with this behaviour.. interesting to see if the national media will run with this or will they too scared to offend a member of the legal profession?
 

Anorakphobia

Well-known member
Joined
Apr 13, 2007
Messages
911
Here is the full list of the firms that won contracts to provide legal services to NAMA. Any other possible 'conflicts of interest'?

Contract Award for appointment to a panel for the provision of legal services to NAMA

(click the 'Full Notice Text' tab after opening the above link)

"Name and Address of successful supplier, contractor or service provider" (in alphabetical order):

  1. Alfred Thornton & Company Solicitors (Dublin)
  2. Andrew Crean-Lynch Solicitors (Dublin)
  3. Arthur Cox (Dublin)
  4. Babington Croasdaile Solicitors (Derry)
  5. BCM Hanley Wallace Solicitors (Dublin)
  6. Beauchamps Solicitors (Dublin)
  7. Brian O'Donnell & Partners Solicitors (Dublin)
  8. Callan Tansey Solicitors (Roscommon)
  9. Cathal N Young O'Reilly & Co Solicitors (Dublin)
  10. Comyn Kelleher Tobin Solicitors (Cork)
  11. Dermot G O'Donovan Solicitors (Limerick)
  12. Dillon Eustace (Dublin)
  13. Donnegans Solicitors (Cork)
  14. Eugene F Collins (Dublin)
  15. Eversheds O'Donnell Sweeney (Dublin)
  16. Fitzgerald Solicitors (Cork)
  17. G & D Walsh Solicitors (Dublin)
  18. Gallenalliance (Dublin)
  19. Gartlan Furey Solicitors (Dublin)
  20. Gore & Grimes Solicitors (Dublin)
  21. Hayes Solicitors (Dublin)
  22. Hegarty & Armstrong Solicitors (Sligo)
  23. Holmes O'Malley Sexton Solicitors (Limerick)
  24. Ivor Fitzpatrick & Company Solicitors (Dublin)
  25. James Riordan & Partners (Cork)
  26. KaneTuohy (Dublin)
  27. Kilfeather & Co. (Galway)
  28. Lavelle Coleman (Dublin)
  29. Lavery Kirby Gilmartin Solicitors (Dublin)
  30. Lennon Heather Solicitors (Dublin)
  31. Lewis C Doyle (Galway)
  32. Liston & Co. (Dublin)
  33. LK Shields Solicitors (Dublin)
  34. Maples & Calder (Dublin)
  35. Mason Hayes & Curran (Dublin)
  36. Matheson Ormsby Prentice (Dublin)
  37. McDowell Purcell Solicitors (Dublin)
  38. McGuire Desmond Solicitors (Cork)
  39. McKeever Taylor (Louth)
  40. Michael Houlihan & Partners (Clare)
  41. Murphy Mac Namara & Co. (Cork)
  42. Murray Flynn Maguire (Dublin)
  43. MW Keller & Son Solicitors (Waterford)
  44. Nolan Farrell & Goff (Waterford)
  45. O'Flynn Exhams Solicitors (Cork)
  46. O'Rourke Reid Lawfirm (Dublin)
  47. Orpen Franks Solicitors (Dublin)
  48. O'Sullivan Barnicle (Dublin)
  49. O'Sullivan & Associates Solicitors (Dublin)
  50. O'Sullivan Partners (Dublin)
  51. P J O'Driscoll & Sons (South Mall, Cork)
  52. P J O'Driscoll & Solicitors (Bandon, Co. Cork)
  53. P O'Connor & Son Solicitors (Mayo)
  54. Richard Black Solicitors (Dublin)
  55. Ronan Daly Jermyn (Cork)
  56. Sheehan & Company (Dublin)
  57. Smith Foy & Partners (Dublin)
  58. Stephen MacKenzie & Company (Dublin)
  59. Stone Solicitors (Wexford)
  60. Sweeney McGann (Limerick)
  61. T P Robinson Solicitors (Dublin)
  62. V P Shields Solicitors (Galway)
  63. Vincent & Beatty Solicitors (Dublin)
  64. Whitney Moore (Dublin)
  65. William Fry (Dublin)
    66. Coinit Larceny Backhander & Smirk (Nationwide)

Missed one so I fixed it for you
 

Verhofstadt

Well-known member
Joined
Jun 7, 2007
Messages
6,165
Website
********************
Here is the full list of the firms that won contracts to provide legal services to NAMA. Any other possible 'conflicts of interest'?

Contract Award for appointment to a panel for the provision of legal services to NAMA

(click the 'Full Notice Text' tab after opening the above link)

"Name and Address of successful supplier, contractor or service provider" (in alphabetical order):

  1. Alfred Thornton & Company Solicitors (Dublin)
  2. Andrew Crean-Lynch Solicitors (Dublin)
  3. Arthur Cox (Dublin)
  4. Babington Croasdaile Solicitors (Derry)
  5. BCM Hanley Wallace Solicitors (Dublin)
  6. Beauchamps Solicitors (Dublin)
  7. Brian O'Donnell & Partners Solicitors (Dublin)
  8. Callan Tansey Solicitors (Roscommon)
  9. Cathal N Young O'Reilly & Co Solicitors (Dublin)
  10. Comyn Kelleher Tobin Solicitors (Cork)
  11. Dermot G O'Donovan Solicitors (Limerick)
  12. Dillon Eustace (Dublin)
  13. Donnegans Solicitors (Cork)
  14. Eugene F Collins (Dublin)
  15. Eversheds O'Donnell Sweeney (Dublin)
  16. Fitzgerald Solicitors (Cork)
  17. G & D Walsh Solicitors (Dublin)
  18. Gallenalliance (Dublin)
  19. Gartlan Furey Solicitors (Dublin)
  20. Gore & Grimes Solicitors (Dublin)
  21. Hayes Solicitors (Dublin)
  22. Hegarty & Armstrong Solicitors (Sligo)
  23. Holmes O'Malley Sexton Solicitors (Limerick)
  24. Ivor Fitzpatrick & Company Solicitors (Dublin)
  25. James Riordan & Partners (Cork)
  26. KaneTuohy (Dublin)
  27. Kilfeather & Co. (Galway)
  28. Lavelle Coleman (Dublin)
  29. Lavery Kirby Gilmartin Solicitors (Dublin)
  30. Lennon Heather Solicitors (Dublin)
  31. Lewis C Doyle (Galway)
  32. Liston & Co. (Dublin)
  33. LK Shields Solicitors (Dublin)
  34. Maples & Calder (Dublin)
  35. Mason Hayes & Curran (Dublin)
  36. Matheson Ormsby Prentice (Dublin)
  37. McDowell Purcell Solicitors (Dublin)
  38. McGuire Desmond Solicitors (Cork)
  39. McKeever Taylor (Louth)
  40. Michael Houlihan & Partners (Clare)
  41. Murphy Mac Namara & Co. (Cork)
  42. Murray Flynn Maguire (Dublin)
  43. MW Keller & Son Solicitors (Waterford)
  44. Nolan Farrell & Goff (Waterford)
  45. O'Flynn Exhams Solicitors (Cork)
  46. O'Rourke Reid Lawfirm (Dublin)
  47. Orpen Franks Solicitors (Dublin)
  48. O'Sullivan Barnicle (Dublin)
  49. O'Sullivan & Associates Solicitors (Dublin)
  50. O'Sullivan Partners (Dublin)
  51. P J O'Driscoll & Sons (South Mall, Cork)
  52. P J O'Driscoll & Solicitors (Bandon, Co. Cork)
  53. P O'Connor & Son Solicitors (Mayo)
  54. Richard Black Solicitors (Dublin)
  55. Ronan Daly Jermyn (Cork)
  56. Sheehan & Company (Dublin)
  57. Smith Foy & Partners (Dublin)
  58. Stephen MacKenzie & Company (Dublin)
  59. Stone Solicitors (Wexford)
  60. Sweeney McGann (Limerick)
  61. T P Robinson Solicitors (Dublin)
  62. V P Shields Solicitors (Galway)
  63. Vincent & Beatty Solicitors (Dublin)
  64. Whitney Moore (Dublin)
  65. William Fry (Dublin)
That's quite a list.
 

johnfás

Well-known member
Joined
Feb 22, 2007
Messages
2,727
That's quite a list.
NAMA is quite a project.

One would expect a broad list like that which is dispersed both geographically and in size terms. Why would you want to pay the fees commanded by William Fry to convey a field now worth 50 grand outside of Cavan town? Equally, why would you engage a small solicitor in Dublin to convey the same field in Cavan town and finally how could you expect a small Cavan firm to deal with property issues running into hundreds of millions where huge complexity of security is involved.

A project like this necessarily needs a variety of firms advising it both in terms of size and geographic placement.

That said, steps should have been taken to ensure there were no outrageous conflicts of interest. Based on what has been supplied, there seems to have been an obvious failure in this particular instance.
 

MsAnneThrope

Well-known member
Joined
Apr 8, 2009
Messages
1,812
Does the fact that they were selected in the tendering process mean they are guaranteed to get legal work? I doubt it. Are they not just selected to be called upon if deemed necessary? It should be a stipulation in the yet-to-be-finalised NAMA legislation that no provider of professional services (legal, valuation, taxation etc) can be eligible for any contract work from NAMA if they personally or their firm, directly or indirectly by way of a related company, have any non-performing loans that are being transferred to NAMA, or any non-performing loans that are kept on the books of any bank covered under the bank guarantee (let's close that potential loophole straight away).

Over to you FG, Labour & SF...
 

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