Irish Radisson Blu investors lose French court battle
The decision could render ‘moot’ the bid to oust AIB's receiver in the Irish courts.
Irish investors in a Radisson Blu Hotel in Toulouse have lost a French court battle to effect a moratorium on the activities of an AIB-appointed receiver.
The bank assigned Tom O’Brien of Mazars as receiver over the shares of investment vehicle Blagnac Ltd last month, after the company allegedly defaulted on a €27 million debt at the beginning of this year.
Blagnac is the parent company of a company in Luxembourg and the...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month, €19.99 Monthly thereafter
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures
The Daily Briefing
What’s coming up today and what you might have missed
The Daily Briefing
What’s coming up today and what you might have missed.
