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Wednesday 21 March 2018

McFeely's wife fights to stay in €10m home

Ray Managh

THE wife of bankrupt Priory Hall developer Tom McFeely is battling to be allowed to stay in their €10m home until one of her children finishes his Leaving Cert next year.

Nina McFeely continues to live in the exclusive property in Ailesbury Road, Dublin 4.

Two teenage children continue to live with their mother at the house, the Circuit Civil Court was told yesterday as Ms McFeely's barrister asked for them to be allowed to stay for another year.

Martin Canny, counsel for the McFeelys, said one of the children was 17 and would complete his education next June.

But NAMA wants an order allowing it to possess the house at No 2, Ailesbury Road, which Judge Jacqueline Linnane said she was prepared to grant.

However, the question of whether this order should be frozen will be addressed tomorrow after the case was adjourned yesterday.

Mr Canny told the court that Mr McFeely, a former Maze hunger striker, and his wife and children were still a family unit although Mr McFeely now spent most of his time living in London.

Michael McDowell SC, counsel for the bank, told the court the McFeelys had no defence to the application for possession of the property. The bank was prepared to agree to a stay of several weeks to allow them find alternative accommodation.

He said the property was not currently insured and would remain uninsurable by the bank until it had obtained full possession of the house. It would certainly not be agreeable to a stay until completion of the youngest child's education, he said. Judge Linnane said she would adjourn until tomorrow the matter of granting a stay.

Irish Independent

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