Developer hit with judgments for 4.8m after losing 15-year legal battle with lenders
Briefly

Developer hit with judgments for 4.8m after losing 15-year legal battle with lenders
Tom Doran is a Mayo-born property developer, landlord, racehorse owner and breeder. AIB and Everyday Finance DAC pursued him over unrepaid property investment loans that originated in 2010. The High Court granted judgments totalling €4.8 million, comprised of €1.2 million and €3.6 million awards. The judgments conclude a 15-year legal battle involving Doran, AIB and Everyday Finance DAC. The case centers on unpaid sums tied to property investments and results in significant financial liabilities for Doran. Doran is a well-known figure in horse racing circles.
"Businessman and racehorse owner Tom Doran was sued by AIB for unrepaid loans in 2010 Judgments totalling €4.8m have been granted against a well-known racehorse owner and breeder over unrepaid property investment loans. The High Court granted the judgments for €1.2m and €3.6m against Mayo-born property developer and landlord Tom Doran, following a 15-year-legal battle involving him, AIB and Everyday Finance DAC."
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