Property firm Eassda goes bust owing €33 million

Eassda, the property development firm owned by Alastair Jackson, has left debts of €33 million after being placed in administration.

13th February, 2010

Eassda, the property development firm owned by Alastair Jackson, has left debts of €33 million after being placed in administration.

The firm, which is part of the Antrim based Eassda group of companies, owes a total of stg£28.6 million (€32.9 million) to Ulster Bank, Northern Bank and Bank of Ireland, according to company documents.

Ulster Bank appointed the administrator to Eassda in recent weeks, after the company suffered from the collapse in the property...

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