Thu 10 Oct 2007Solicitors' cases cause lending review by
banksThe State's main banking institutions are reviewing their loan
portfolios and lending practices after two solicitors racked up
multimillion-euro liabilities by taking out multiple mortgages on
the same properties, write
Arthur Beesleyand
Simon Carswell.As IIB Bank continued its High Court action yesterday to recover
€9 million from Dublin solicitor Thomas Byrne, it emerged
that banks across the board are examining whether they have any
potential difficulty with the security on loans extended to any
other clients.