Bad bank in battle over Samuel Beckett's former home
The Dublin home of Nobel laureate Samuel Beckett has become the subject of a court injunction due to a dispute between bad bank Nama and the American wife of Irish property developer John Flynn.
Leona (Lee) Flynn is disputing a demand for repayment of almost €22m (£19m) issued last month by Nama over loans made by Anglo Irish Bank to herself, her husband, John Flynn Junior and Elaine Flynn, related to the Belfield Office Park development in Dublin.
The loans were transferred to Nama in 2010 and, as part of its efforts to secure repayment, Nama obtained a temporary injunction aimed at protecting the proceeds of sale of the house, 'Cooldrinagh' in Kerrymount Avenue, Foxrock, Dublin.
The house is on the market with an asking price of €3.6m (£3.1m). It was built by Samuel Beckett's father in 1903 and the famous writer, dramatist and poet spent his childhood there.
Mrs Flynn lives with her husband in Palm Beach, Florida, and, the court heard, also has a right of residence for life in Cooldrinagh.