Cerberus moves against Custom House Capital-linked firm
Promontoria Aran moves in conjunction with Ulster Bank
US private equity giant Cerberus has moved against a firm linked to Custom House Capital, the private investment house which sank amid financial scandal in 2011.
Filings with the Companies Office reveal that Promontoria Aran, a special purpose company controlled by Cerberus, has moved in conjunction with Ulster Bank against M&F Finance (Ireland) Limited.
The pair appointed a receiver over assets of the company last week.
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