Elizabeth Netterville, whose father died when she was very young, was made a royal ward. The question of her inheritance, which was considerable, led to bitter disputes between neighbouring landowners, each of whom hoped to gain control of her estate by marrying her to his own male heir. King Richard II appointed John Humbleton, one of his esquires of the body, as her guardian in 1394. Elizabeth was kidnapped by members of the Darcy and Cusack families, who no doubt hoped to gain control of her lands. She was soon released, but six years later the Crown was informed that these families still hoped to cheat her out of her inheritance. By 1400 Humbleton, no doubt finding that the wardship had been more trouble than it was worth, had granted custody of Elizabeth to Rede, who married her soon afterwards, but this was not the end of the trouble over her inheritance.
On 5 April 1401 while he was traveling from Drogheda to Trim, Rede was abducted near Skryne by Thomas Fleming, 2nd Baron Slane, and imprisoned in a nearby castle belonging to Thomas's son Christopher. He was held hostage until he paid a ransom of £1000 to Christopher, and he was also robbed of £200 and numerous official records. What lay behind the episode, which was exceptional even in that violent age, is unclear. It has been suggested that the Flemings, like the Darcys and Cusacks, had previously had hopes of gaining the Netterville lands which Rede had acquired through his marriage to Elizabeth Netterville: while the latter families' abduction of Elizabeth in 1394 seems to have been fruitless, the Flemings' abduction of her husband brought them a substantial profit. The outraged Rede petitioned the new King Henry IV to visit "suitable punishment" on the Flemings for their crimes, so that a "suitable example be made of all who would plan such things". The King's Council endorsed the petition, and for a time it seemed that the Flemings would suffer heavily for their treatment of Rede: in June 1401 a powerful commission was appointed to arrest and imprison Lord Slane and his wife Elizabeth Preston. This was however an era when the nobility found it easy to obtain a royal pardon for even the most heinous crimes, and in October 1401 Lord Slane, on payment of £30, was duly pardoned.
Later years
After being superseded as Lord Chief Justice in 1406 he returned to England and asked for permission to reside there permanently. Given his ill-treatment by the Flemings and his failure to obtain adequate redress for his wrongs, this was natural enough. Rather surprisingly, he returned to Ireland two years later and apparently died in Ireland. He was Deputy Treasurer of Ireland in 1413. He and his wife were both still alive in 1416, and were still expanding their holdings, with purchases of land in County Louth.