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High Court, upon application by a plaintiff lender for summary judgment on foot of an un-repaid loan, grants and order judgment against the defendant in the sum of €981,886.28, on the grounds that he had failed to disclose an arguable defence to the claim.
Summary judgment - plaintiff offered term loan to the defendant in the sum of €770,000 in June 2006 - defendants defaulted on his repayments and in July 2014 the plaintiff demanded immediate repayments by the defendant of the sum of €981,886.28 - plaintiff now claims that some but defendant objects to the within application proceeding to judgment until resolution of complaints made by him to the Financial Services Ombudsman - defendant has identified no specific grounds of defence that would enable him to surpass the very low hurdle for sending the within matter to plenary hearing - defendant evidence in the within application fails to disclose even arguable defence - summary judgment granted against the defendant.
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