Irish investors in collapsed Dolphin Trust owed €50.5m by one company

Myles Kirby, the liquidation specialist overseeing the wind up of MUT103, has requested an update from Dentons, the lawyers tasked with establishing the nature of the security held by Irish investors

2nd May, 2021
Irish investors in collapsed Dolphin Trust owed €50.5m by one company
Dolphin Trust, which was marketed as a safe way to invest in quality German property developments, stopped paying returns in November 2019

Irish investors in bust German property group Dolphin Trust are owed more than €50 million from one company involved.

The detail is contained in the statement of affairs issued for MUT103, one of the two special purpose vehicles through which Irish investor monies were raised.

Myles Kirby, the liquidation specialist overseeing its wind up also issued an update on the progress of his investigations into MUT103 last Friday.

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