Dellway Investment Ltd and Others v National Asset Mangagement Agency (NAMA) and Others

JurisdictionIreland
Judgment Date01 November 2010
Neutral Citation[2010] IEHC 364
Date01 November 2010
CourtHigh Court

[2010] IEHC 364

THE HIGH COURT

KEARNS P.

KELLY J.

CLARKE J.

[No. 909 J.R./2010]
[No. 222 COM/2010]
Dellway Investment Ltd & Ors v National Asset Mangagement Agency (NAMA) & Ors
[2010] IEHC 364
COMMERCIAL
JUDICIAL REVIEW

BETWEEN

DELLWAY INVESTMENT LIMITED, METROSPA LIMITED, BERKLEY PROPERTIES LIMITED, MAGINOTGRANGE LIMITED, MAY PROPERTY HOLDINGS LIMITED, SCI 20 PLACE VENDOME, DIRECTDIVIDE TRADING LIMITED, SUBMITQUEST LIMITED, BELFAST OFFICE PROPERTIES LIMITED, THE FORGE LIMITED PARTNERSHIP, FINBROOK INVESTMENTS LIMITED, CONNIS PROPERTY SERVICES LIMITED, FORMCREST CONSTRUCTION LIMITED, CHESTERFIELD (THE PAVEMENTS) SUBSIDIARY LIMITED, ABEY DEVELOPMENTS LIMITED AND PATRICK MCKILLEN
APPLICANTS

AND

NATIONAL ASSET MANAGEMENT AGENCY, IRELAND AND THE ATTORNEY GENERAL
RESPONDENTS

CONSTITUTION ART 28.2

CONSTITUTION ART 15.2

CONSTITUTION ART 34.1

CONSTITUTION ART 34.5

TREATY ON THE FUNCTIONING OF THE EUROPEAN UNION ART 107

TREATY ON THE FUNCTIONING OF THE EUROPEAN UNION ART 107(2)(B)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 PART X

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S193

RSC O.84 r20(2)

G v DPP & JUDGE KIRBY 1994 1 IR 374 1994/3/724

PLANNING & DEVELOPMENT ACT 2000

ILLEGAL IMMIGRANTS (TRAFFICKING) ACT 2000

MCNAMARA (KILL RESIDENTS GROUP) v BORD PLEANALA (NO 1) 1995 2 ILRM 125 1995/3/1122

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S2

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S62

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S67

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S67(2)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S80

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S69

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S69(2)(A)

NATIONAL ASSET MANAGEMENT AGENCY (DESIGNATION OF ELIGIBLE BANK ASSETS) REGS 2009 SI 568/2009 REG 2

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 PART VII

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S84

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S87

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 PART V

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S97

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S12

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S12(2)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S12(1)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 PART IX

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 PART IX CHAP 2

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 PART IX CHAP 3

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 PART IX CHAP 4

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 PART IX CHAP 5

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 PART IX CHAP 6

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 PART IX CHAP 7

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S84(2)

CREDIT INSTITUTIONS (FINANCIAL SUPPORT) ACT 2008

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 PART VII CHAP 1

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S80(3)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S84(1)

MIN FOR ABORIGINAL AFFAIRS & ANOR v PEKO-WALLSEND LTD & ORS 1986 162 CLR 24 66 ALR 299 1986 HCA 40

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S84(4)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S84(4)(N)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S84(4)(K)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S50(4)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S50(5)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S2(B)(iii)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S193(1)(B)

CONSTITUTION ART 40.3.2

CONSTITUTION ART 43

MCCORMACK v GARDA SIOCHANA COMPLAINTS BOARD & ANOR 1997 2 IR 489 1997 2 ILRM 321 1997/4/1431

PRIVATE MOTORISTS PROVIDENT SOCIETY LTD & MOORE v AG 1983 IR 339

FALCON TRAVEL LTD v OWNERS ABROAD GROUP PLC T/A FALCON LEISURE GROUP 1991 1 IR 175 1991 ILT 148 1990/7/1843

PHONOGRAPHIC PERFORMANCE (IRL) LTD v CODY & PRINCES INVESTMENTS LTD 1998 4 IR 504

ART 26 OF THE CONSTITUTION & HEALTH (AMDT) (NO 2) BILL 2004, IN RE 2005 1 IR 105 2005 1 ILRM 401 2005/29/5927 2005 IESC 7

DREHER v IRISH LAND CMSN & AG 1984 ILRM 94 1983/9/2469

ART 26 OF CONSTITUTION & PART v OF PLANNING & DEVELOPMENT BILL 1999, IN RE 2000 2 IR 321 2001 1 ILRM 81 2000/16/5933

NORTH WALL PROPERTY HOLDING CO LTD & DUNNE v DUBLIN DOCKLANDS DEVELOPMENT AUTHORITY UNREP FINLAY-GEOGHEGAN 9.10.2008 2008/46/10025 2008 IEHC 305

HEMPENSTALL & ORS v MIN FOR ENVIRONMENT 1994 2 IR 20 1993/3/645

ENERGY RESERVES GROUP v KANSAS POWER & LIGHT CO 1983 459 US 400

AG & MIN FOR POSTS & TELEGRAPHS v PAPERLINK LTD & ORS 1984 ILRM 373 1983/7/1782

AG v SOUTHERN INDUSTRIAL TRUST LTD & SIMONS 1960 94 ILTR 161

CHESTVALE PROPERTIES LTD & HODDLE INVESTMENTS LTD v GLACKIN 1993 3 IR 35 1992 ILRM 221 1992/1/103

J & J HAIRE & CO LTD & ORS v MIN FOR HEALTH & ORS UNREP MCMAHON 17.12.2009 2009/28/6995 2009 IEHC 562

ARGO FUND LTD v ESSAR STEEL LTD 2006 2 AER (COMM) 104 2006 2 LLOYDS 134 2006 1 CLC 546

GLEESON, STATE v MIN FOR DEFENCE 1976 IR 280

RYANAIR LTD v FLYNN & MCAULEY 2000 3 IR 240 2001 1 ILRM 283 2000 ELR 161 1999/22/7306

TV3 TELEVISION CO LTD & ORS v INDEPENDENT RADIO & TELEVISION CMSN 1994 2 IR 439

FALCON TRAVEL LTD v OWNERS ABROAD GROUP PLC T/A FALCON LEISURE GROUP 1991 1 IR 175 1991 ILT 148 1990/7/1843

MCDONALD v BORD NA GCON & AG 1965 IR 217

GREYHOUND INDUSTRY ACT 1958

NORWEST HOLST LTD v SECRETARY OF STATE FOR TRADE & ORS 1978 CH 201 1978 3 WLR 73 1978 3 AER 280

BECKER v DUGGAN 2009 4 IR 1 2005/4/687 2005 IEHC 376

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S17

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S103

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S146

CONVEYANCING & LAW OF PROPERTY ACT 1881

HOLOHAN v FRIENDS PROVIDENT & CENTURY LIFE OFFICE 1966 IR 1

LAND & CONVEYANCING LAW REFORM ACT 2009 S103

WYLIE LAND & CONVEYANCING LAW REFORM ACT 2009: ANNOTATIONS & COMMENTARY 2009 28-285

LAND & CONVEYANCING LAW REFORM ACT 2009 S148(7)

SILVEN PROPERTIES LTD & ANOR v ROYAL BANK OF SCOTLAND PLC & ORS 2004 1 WLR 997 2004 4 AER 484 2003 BCC 1002 2004 1 BCLC 359

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S102

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S102(2)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S102(3)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S101

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S101(1)(i)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S87(3)(B)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S7

EAST DONEGAL CO-OPERATIVE LIVESTOCK MART LTD & ORS v AG 1970 IR 317

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S2(B)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S10(2)

WEXELE v BORD PLEANALA UNREP CHARLETON 5.2.2010 2010 IEHC 21

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S8

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S9

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 (ESTABLISHMENT DAY) ORDER 2009 SI 547/2009

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 (COMMENCEMENT) ORDER 2009 SI 545/2009

INTERPRETATION ACT 2005 S17

NATIONAL TREASURY MANAGEMENT AGENCY ACT 1990 S4(4)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S42

NATIONAL TREASURY MANAGEMENT AGENCY ACT 1990 S4(3)

COMPANIES ACT 1963 S37

FIRTH v STAINES 1897 2 QB 70

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S89(2)(A)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S89

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S10

INTERPRETATION ACT 2005 S17(B)

MCINERNEY v MIN FOR AGRICULTURE & ORS 1995 3 IR 449 1995/19/4995

ABATTOIRS ACT 1988 S20

ABATTOIRS ACT 1988 S61

ABATTOIRS ACT 1988 (ABATTOIRS) REGS 1989 SI 152/1989

ABATTOIRS ACT 1988 S17

NATIONAL TREASURY MANAGEMENT AGENCY ACT 1990 S4

NEW ZEALAND EMPLOYERS FEDERATION INC v NATIONAL UNION OF PUBLIC EMPLOYEES 2002 2 NZLR 54

INTERPRETATION ACT 1999 S11 (NZ)

JUDICATURE AMDT ACT 1972 S5 (NZ)

EMPLOYMENT RELATIONS ACT 2000 S13 (NZ)

EMPLOYMENT RELATIONS ACT 2000 S15 (NZ)

TREATY ON THE FUNCTIONING OF THE EUROPEAN UNION ART 107(3)(B)

TREATY ON THE FUNCTIONING OF THE EUROPEAN UNION ART 108

TREATY ON THE FUNCTIONING OF THE EUROPEAN UNION ART 107(1)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S69(4)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S69(1)

NATIONAL ASSET MANAGEMENT AGENCY ACT 2009 S69(2)

TREATY ON EUROPEAN UNION ART 17

NATIONALE RAAD VAN DE ORDE VAN ARCHITECTEN v EGLE 1992 2 CMLR 113 1992 ECR I-177

EEC DIR 85/384 ART 4(1)(A)

DEUTSCHE SHELL AG v HAUPTZOLLAMT HAMBURG-HARBURG 1993 ECR I-363

WINNER WETTEN GMBH v MAYOR OF BERGHEIM UNREP ECJ 8.9.2010 (CASE NO C-409/06)

WOODS, STATE v AG & KELLY 1969 IR 385

CONDON & ORS v MIN FOR LABOUR & AG 1981 IR 62

MACPHARTHALAIN & ORS v CMRS OF PUBLIC WORKS & ORS 1994 3 IR 353 1998/25/10004

DUNRAVEN LIMERICK ESTATES CO v CMRS OF PUBLIC WORKS IN IRELAND 1974 IR 113

EIRCELL LTD v LEITRIM CO COUNCIL 2000 1 IR 479 2000 2 ILRM 81 1999/11/2713

NORTH WALL PROPERTY HOLDING CO LTD & DUNNE v DUBLIN DOCKLANDS DEVELOPMENT AUTHORITY UNREP FINLAY-GEOGHEGAN 9.10.2008 2008/46/10025 2008 IEHC 305

HEMPENSTALL & ORS v MIN FOR ENVIRONMENT 1994 2 IR 20 1993/3/645

HEANEY & MCGUINNESS v IRELAND & AG 1994 3 IR 593 1994 2 ILRM 420 1994/10/3029B

IARNROD EIREANN & DOWLING v IRELAND & ORS 1996 3 IR 321

COX v IRELAND & ORS 1992 2 IR 503

K (D) v JUDGE CROWLEY & ORS 2002 2 IR 744 2003 1 ILRM 88 2002/14/3380

DOMESTIC VIOLENCE ACT 1996 S4(3)

RYAN v AG 1965 IR 294

BUPA IRL LTD & BUPA INSURANCE LTD v HEALTH INSURANCE AUTHORITY & ORS UNREP MCKECHNIE 23.11.2006 2006/8/1383 2006 IEHC 431

MURPHY v INDEPENDENT RADIO & TELEVISION CMSN & AG 1999 1 IR 12 1998 2 ILRM 360 1999/20/6111

COLGAN v INDEPENDENT RADIO & TELEVISION CMSN & ORS 2000 2 IR 490 1999 1 ILRM 22 1998/14/4774

ART 26 OF THE CONSTITUTION & HEALTH (AMDT) (NO 2) BILL 2004, IN RE 2005 1 IR 105 2005 1 ILRM 401 2005/29/5927 2005 IESC 7

CLANCY & MCCARTNEY v IRELAND & AG 1988 IR 326 1989 ILRM 670 1988/7/1890

EUROPEAN CONVENTION ON HUMAN RIGHTS ACT 2003 S5

EUROPEAN CONVENTION ON HUMAN RIGHTS & FUNDAMENTAL FREEDOMS FIRST PROTOCOL ART 1

WIGGINS v UNITED KINGDOM 1978 13 DR 40

BRAMELID & MALMSTROM v SWEDEN 1982 29 DR 64

ANHEUSER-BUSCH INC v PORTUGAL 2007 45 EHRR 36 2007 ETMR 24 23 BHRC 307

KOPECKY v SLOVAKIA 2005 41 EHRR 43

GAVELLA v CROATIA UNREP ECHR 11.7.2006 (APPLICATION NO 33244/02)

COMMERCIAL LAW

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1 books & journal articles
  • Case Note: Dellway Investments and Ors v National Asset Management Agency and Ors
    • Ireland
    • Trinity College Law Review No. XV-2012, January 2012
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    ...Management Agency and Ors [2011] IESC 4 [hereinafter Dellway ]. 2 Dellway Investments and Ors v National Asset Management Agency and Ors [2010] IEHC 364, at [1.1]. 3 See David Kenny, “Fair Procedures in Irish Administrative Law: Toward a Constitutional Duty to Act Fairly in Dellway Investme......

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