Saturday July 4, 2020

Hotel company goes under with debts of €2.6m

The company that operated the Ballymun Plaza hotel in Dublin has collapsed, leaving behind more than 100 creditors and €2.6 million in debts, writes Ian Kehoe.

1st November, 2008

The company that operated the Ballymun Plaza hotel in Dublin has collapsed, leaving behind more than 100 creditors and €2.6 million in debts, writes Ian Kehoe.

Ballymun Plaza Limited had the licence to operate the hotel, but the hotel was repossessed by its landlord, Irish development firm Bennett Construction. Previously, Ballymun Plaza Limited ran up €1.1 million arrears in rent.

The company was wound up at a meeting of its creditors last week, during which David...

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