Nice cosy house near lake - ID 2870

Michael Lynn Ordered To Pay Back 1.3m Euro 14/03/2008
Ill-famed solicitor Michael Lynn was ordered on February 25 to repay loans amounting to 1.3 million euro that he used to buy four apartments for investment purposes, the Irish Independent daily reported. A High Court judge’s ruling came after the National Irish Bank (NIB) lodged a claim with Lynn. Justice Peter Kelly received the High Court’s order in Lynn's absence. When his name was called at the Commercial Court, no one stepped up to act on his behalf. Justice Kelly said that NIB's claim for damages against Lynn was unsubstantiated because another solicitor, Fiona McAleenan, was the one facing the charge. The proceedings by NIB arise from a 20-year loan agreement of February 21, 2007 under which it agreed to lend Lynn 1.338 million euro to assist in the purchase of four... more

Eurobank Properties Agrees To Acquire Building In Bulgaria For 90.8 08/09/2008
ATHENS (Thomson Financial) - Greek real estate company Eurobank Properties REIC said that it has entered into an agreement to acquire a Bulgarian joint stock company for 90.8 million euros which is building a property that will be completed by no later than October 2011.The company said that upon completion, the building situated in the capital of Sofia will have a gross area of about 31,530 square meters and 370 parking spaces.Arcon Construction, a Bulgarian company, is required to construct the building in compliance with agreed technical specification and deliver the property no later than October 2011.Eurobank Properties underlined that there is already a preliminary lease agreement for the lease of the building's total area by Eurobank EFG Bulgaria AD.The Greek company added that... more