Monday, July 26, 2010

First serious challenge to NAMA

From the SBP, Gavin Daly writes: Developers flex their muscles with Nama

This is the first serious challenge to teh NAMA legislation, the only pity is that we have to wait until October for a hearing...like our politicians, the judiciary are on holidays also.

As the third tranche of transfers is prepared for later this year, more challenges may come forward from developers who have little to lose.

pfq.ie

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