Beating Blackstone

Michael O'Flynn's court victory over Blackstone puts the spotlight on Nama selling debt to vulture funds

Ian Kehoe - avatar

Ian Kehoe

17th August, 2014

You know something has changed when there is a groundswell of public support for an Irish property developer. On radio chat shows last week, ordinary members of the public were calling in to express solidarity with Michael O’Flynn, the Cork real estate tycoon who had won a striking courtroom triumph over the private equity giant Blackstone. Ireland loves an underdog – even if that underdog is the country’s largest surviving developer.

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