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Sinn Fein to host Ard Fheis in hotel repossessed by British Bank


mido

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Aug 28, 2007
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High Court to decide TF
Jennings family to appeal High Court ruling

Sinn Féin Ard Fheis to be held in Castlebar | Mayo News | MayoToday.ie | Updated Daily

Connaught Telegraph - Dramatic twist in TF receivership saga - Family



Sinn Fein are hosting their ard fheis this year in a hotel complex that is subject to an ongoing legal dispute between the owners and the Bank Of Scotland. One would have thought that the party would have thought twice before booking such a venue for their party conference, particularly given their stated policy of supporting people who face repossessions

Government must act on Shared Ownership repossessions | Sinn Féin

Agricultural Repossessions Must Stop

Nine reasons to say 'No to NAMA' | Sinn Féin
 

ruserious

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Is this all that is left in the Anti-SF brigade's bag of hysteria?
 

cillian32

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Jesus cant we not have an ard fheis without the outrage;)......get a life .
 

fitzerb

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Twitter
@briab565656
Could it be they are trying to give back some of the Northern Bank money back to the Brits............................. Got to say that this as a topic is a joke.....
 

Kev408

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An early front-runner for most stupid thread of the week so far.
 

onlyasking

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Is this all that is left in the Anti-SF brigade's bag of hysteria?
To be fair to the OP, it's little better or worse than the usual standard of anti-SF hysteria.

It's a bit like rugger-buggers mooning at the back of the bus. It's the simple fact that they're doing it that gives them such enjoyment, regardless of the standard of buttock on display.

Ditto the anti-SF obsessives - it's nothing to do with quality, and everything to do with having their name at the top of yet another anti-SF thread.

A bunch of arses, of the uglier sort.
 

james5001

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Next thread: SF councillor spotted not washing his hands after going to toilet.
 

slippy wicket

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IMO there is plenty to knock SF on, particularly some of their populist policies, but this is not one of them.
 

InsideImDancing

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SF helps struggling hotel by holding its Ard Fheis there.

Those b@stards!
 

InsideImDancing

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Tbf, this is probably a pro-SF thread hoping to make the anti-SF brigada look bad.

Like that was necessary.:)
 

neiphin

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will sync be along soon to express his outrage at the shinners ?
 

mido

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Economy | Sinn Féin
"Banks must support struggling mortgage holders - by rescheduling repayments and allowing movement from fixed to variable rates without financial penalties. Banks must be obliged to make loans available to small and medium businesses. Viable businesses and jobs will be lost if the credit drought is not resolved quickly. We cannot allow enterprise and workers to suffer at the hands of self centred and self seeking banking practices."

square this circle then if that is Sinn Fein Policy

Connaught Telegraph - Dramatic twist in TF receivership saga - Family



“There is only a mortgage of €259,000 on the Harlequin and the hotel has never been in arrears,” Mr. Pat Jennings told The Connaught Telegraph yesterday (Monday).

He continued: “Despite this Lloyds/Bank of Scotland have appointed a receiver. Our legal team have asked Lloyds/Bank of Scotland on numerous occasions to justify the appointment of the receiver. Each request has been met with silence.

“The Jennings legal team is to test this issue in the immediate future as the property is not in arrears, nor is the deed of appointment valid.”

Despite the financial and emotional pressure placed on them by the loss of their hotels – and the TF Royal Theatre (one of the largest theatres outside Dublin) – the Jennings family and their fellow directors insist they are ready for the pressures, financial and otherwise, of the further legal battles that lie ahead.

At times an emotional Pat Jennings said at the weekend: “We are going to continue the fight to hold on to our family business. We are not going to give up our fight to retain what is rightfully ours, the entire complex.”

One of the legal arguments which will be made by the family in their Supreme Court appeal relates to what is described as ‘a sweep of deposit monies’ - €3 million seized by the Lloyds/Bank of Scotland in December 2010 as the company was exiting Ireland.

The family’s legal team say the ‘sweep’ occurred without any notice to Pat and Mary Jennings. The money was held on deposit with Lloyds/Bank of Scotland for the purpose of assisting the company in difficulty and servicing arrears of all loans.

“If the monies were not swept in this way and remained pledged to the loans in the normal way there would be no arrears at the time of appointment in May 2012,” the family statement claimed.







He added: “The family has worked for over 60 years to build the establishment to the asset that it is today.

“The TF Royal Hotel and Theatre is the third largest theatre venue in the Republic and as a result has contributed significantly to the economy of the area. However, the business of the TF Royal Hotel and Theatre has declined by 70 per cent since the receiver took over.”
 
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