In Valsusa the hamlet of Santa Petronilla di Bussoleno is isolated due to material falling on the access road The orange alert has just been issued but the Val di Susa area is already having to deal with the first damages Between Mattie and Bussoleno the flooding of the stream has led to the isolation of over 30 people Also in Valsusa the hamlet of Santa Petronilla di Bussoleno is isolated due to material falling on the access road In Val Chisone the flooding of smaller streams occurred in Perosa Argentina which partially invaded the SP23 closed in Pinasca and from Perosa to Fenestrelle Also closed due to small floods are the provincial roads 261 as well as the state road 26 in Val d'Aosta in the Lanzo Valleys the Stura has exceeded the hydraulic danger level of the torrent in Mezzenile in Lanzo and Cantoira they have exceeded the warning level "The operations room has been open since this morning but I wanted to hear from all the mayors most involved to better understand the situation and above all offer the support of the Region and the Civil Protection system for the first emergency interventions - said the regional councilor for Civil Protection Marco Gabusi - the volunteers have already been at work since last night for the first urgent interventions" Read also other news on Nova News Click here and receive updates on WhatsApp Follow us on the social channels of Nova News on Twitter, LinkedIn, Instagram, Telegram This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page What was known -- and what wasn't -- by bankers and developers involved in the former Sarasota Bayside project seven years ago is the overriding theme of hundreds of pages of court records filed in a foreclosure lawsuit on the 15-acre the Dublin developer who led the proposed $1 billion Irish American Management Services Ltd provides particular insights into the unwinding of a 25-year-long friendship with Rene Gareau who was among those who sold the former Quay to Irish American Kelly maintains the rift with Gareau represents the heart of a simmering local court dispute over the foreclosure Virgin Islands company that is opposing Irish American lender Anglo Irish Bank's foreclosure on the Quay property Bussoleno maintains it is owed nearly $6 million on mortgages from 2005 and earlier that were never recorded Gareau described himself as the "Trustee/Protector" of Bussoleno despite previously denying having any official role with the company Bussoleno contends that the unrecorded mortgages to Kelly and Irish American were in place before loans worth tens of millions of dollars in Anglo Irish were cut which could make its claim to the remaining value of the land superior to the bank's In deposition after deposition of bank officials and Irish American Bussoleno attorney Steven Hutton establishes that bank officials knew -- probably as early as 2004 -- that the unrecorded mortgages existed Gareau claims the bank's maneuvers are aimed at getting "Bussoleno to discount or abandon what it is owed." But Kelly's deposition puts a different face on the documents Kelly maintains that the reason the mortgages were not recorded is that they were a favor between friends -- that is That friendship could be seen after Irish American acquired the Quay in early 2004 for roughly $60 million to head the group's local operations -- even though the younger Gareau had little development experience While his deposition is disjointed at points Kelly's regret and anger over what happened comes through clearly we never as such treated it as a second mortgage," he said when asked about a particular $2.25 million unrecorded mortgage I would say Rene had his own plan and it was a second line just in case; he had come on board And that only changed much later and it didn't change at this point .. "So what we had was a full deal in principal" with the partners and drivers of the Sarasota Bayside project being him "That only changed and Rene produced documents in a trust relationship that we didn't get a lot of advice on we felt that the wool was pulled over our eyes when it was explained to us by Rene that while he owed us a lot of money but we owed independently monies to his company The Dublin developer went on to claim that the unrecorded mortgages were put together because Gareau wanted to separate himself from the Canadian investors he had owned the Quay with and that Gareau would owe to Irish American while Kelly would pay Gareau the same amount but I don't know what date we had essentially redeemed that mortgage But of course we realized he separated himself from Bussoleno and we ended up with him owing us the money and we owing Bussoleno the money So that's where we hit big problems with him "What I am trying to say is that I know that that mortgage was there for Rene's benefit Rene obviously had it in his mind that he could use that against us in the future but we were naive in our -- I suppose we were in a trusting relationship as we would normally have with people we do business with but in this case -- and that was my fault."