Pressure on Barrett over transactions as he seeks to halt buyout of his hotel empire
Alanis Capital, backed by Deutsche Bank, is paying €89 million to take control of the insolvent businesses
Galway developer Gerry Barrett is facing “serious allegations” over financial transactions in his troubled hotel and property empire in recent weeks.
Alanis Capital, backed by Deutsche Bank, is paying €89 million to take control of the insolvent businesses which include Hotel Meyrick, the Eye Cinema and the five star G Hotel in Galway.
The investment deal, described as “all or nothing”, requires High Court approval in order to move seven companies out of ...
