ACC Bank has seized a residential, retail and leisure development over looking Courtown Harbour in Co Wexford. The bank has moved to secure millions of euro that it advanced to Ocean Point Development Company, which is behind the project.
The bank installed Dublin accountant Martin Ferris as receiver over the company’s assets and over certain interests belonging to property developer Francis Dooley, who is a director of the company. Ferris will now manage the Ocean...
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