conciselawnews.co.uk

Solicitor owes bank 70 million euros

An Irish solicitor appears to have run up a staggering debt of 70 million euros, which, surprise surprise, he is not now in a position to pay it back. The reports on this story do not make it clear whether the loan was in any way assisted by the fact that the individual concerned, Brian O’Donnell, was a solicitor, and perhaps the bigger issue is that this is further evidence of the excesses of the last decade and frankly totally reckless lending.