The Clare Champion Clare news, sport, entertainment and local notes
Internationally acclaimed Clare musician Sharon Shannon and her manager, John Dunford have consented before the Master of the High Court to a judgment for €520,000 being registered against them. Mr Dunford, as well as acting as Ms Shannon’s manager, is a well known music producer. Permanent TSB sought the judgment, both jointly and severally, against the pair after they allegedly failed to make repayments on a business loan taken out with the bank in 2006. In its proceedings, Irish Life and Permanent Plc, trading as Permanent TSB Plc said Ms Shannon, Devon Gardens, Salthill Co Galway and Mr Dunford, Corbawn Shankill, Dublin borrowed €402,000 by way of an Endowment Residential Business Loan from it in November 2006. The loan was to be repaid by way of month installments of just over €1,650 over a period of 20 years. In June 2010, the banks said the pair failed to make two monthly repayments in a row. Under the terms and conditions of …
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