Brendan Burgess
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Dublin law firm faces €25m damages bill over bank loans
Dublin law firm faces €25m damages bill over bank loans
Or as they say on their [broken link removed]:Mr Justice Brian McGovern said the breach of duty by BCM Hanby Wallace to KBC was “egregious” and “most serious” because the firm not only failed to ensure proper security was in place but deliberately misled the bank by either suggesting security was in place or the funds would not be released to the borrowers until security was in place.
The breach of duty amounted to “a deception” because the firm was aware the required security was not in place but led the bank to believe it was, he said.
The firm, which is based in Grand Canal Square in Dublin, changed its name to ByrneWallace in 2010.
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