McDonagh to call in $20m loan after court victory

Pat McDonagh, the multimillionaire owner of Supermacs, will call in loans of more than $20million that he advanced to Claddagh Irish Pubs, a US chain of Irish-themed pubs and restaurants.

16th December, 2006

Pat McDonagh, the multimillionaire owner of Supermacs, will call in loans of more than $20million that he advanced to Claddagh Irish Pubs, a US chain of Irish-themed pubs and restaurants.

The move comes after the Galway businessman won a court victory in the US state of Ohio last week against his former business partner, Kevin Blair.

Blair had sued McDonagh for more than $66 million in punitive damages following a dispute over the chain, which...

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